The tax reform will help boost Russia's economic growth by 0.5-1% of GDP, said Russian Prime Minister Mikhail Kasyanov.
When addressing Wednesday's Cabinet meeting, which discussed a draft tax reform, the Premier said the reform-envisaged measures would allow to relieve the economy's tax burden by 1.8 to 2% of GDP within the next two years.
This is crucial for speeding up the country's economic development pace, noted Mr Kasyanov. A lower tax burden would allow the processing industry to accumulate investments and ensure a brisker development pace, said the premier.
The tax reform is a serious politico-economic decision, according to him. "Such decisions are difficult to take and require thorough calculations and a weighed-out approach," he said.
To understand how China will act, one must understand the logic of China's development. This logic has always been almost the same, be it the Middle Ages, or modern times