Thursday, July 14, 2016

Putin has demanded the government to withdraw from the shadow of 30 million Russians – Forbes Russia

Taxes, actions of police and prosecutors – that nourishes the Russian shadow economy, President Vladimir Putin said at a meeting of its members of the Economic Council – ministers, advisors and regional officials. It involves 30 million people, and the government – “serious uncles and aunts in glasses” – to create opportunities for the legalization of the business operation, told Bloomberg with reference to the two participants of the meeting

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The volume of Russian shadow economy is estimated to be a quarter of GDP, and in the era of cheap oil when Russia with great difficulty trying to get out of the crisis, millions of shadow workers represent an inexhaustible resource, the agency said.

Now the shadow economy It involved about 40% of the total working population of Russia, according to the survey, conducted in July, the Russian Academy of national economy and public service under the President. This figure is virtually unchanged since 2001, when was conducted the first study of the size of the shadow economy, the project manager sociologist Andrew leaving. It dentists, mechanics and vets, who do not draw up the necessary documents and prefer cash, Putin said at the meeting.

Meeting of the Council, which discussed, including ways of economic output from the shadows, took place in May this year, notes RBC. In discussing this issue, the president perked up and said that the authorities need to understand what makes the Russians to leave the shadows and to suggest ways of how these people could legalize their work, told companion publication.

The Russian economy It is still in recession. Despite the fact that the IMF in early July improved your forecast of the economy this year, the fund still expects Russia’s GDP to decline by 1.2% in 2016.

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