In the draft amendments to the Tax code, the Ministry of Finance has already closed a loophole that has not yet become popular. We are talking about the withdrawal of dividends through low-tax foreign jurisdictions, agreements with which Russia has decided to review.

Government ramps up the next phase of economic response to the coronavirus.

Russian President Vladimir Putin said that implementation of the economic recovery plan should begin in July.

There are many requests from Middle Eastern and Latin American countries, according to the Chief Executive Officer of the Russian Direct Investment Fund.

The domestic tourist traffic will recover by August in absence of the second wave of the coronavirus spread, Yuri Barzykin said.

The United grain company (UGC) together with the Ministry of Agriculture of the Russian Federation is working on a new concept for selecting grain companies to increase control over the Federal Intervention Fund of Grain (FIFG).

In addition, banks transferred almost 150 bln rubles of debt as part of the "credit holidays" to organizations and individuals.

President Vladimir Putin tasked the gov't earlier with presenting a nationwide plan of action on economic recovery developed jointly with regional authorities and business representatives by June 1.

Rinat Maksyutov said that the Institute picked three promising vaccine prototypes for further research.

The president mentioned the grain harvest in Russia, which for six consecutive years exceeds 100 million tonnes.