The Kremlin does not lead expert of the topic of pension reform

The Kremlin does not lead expert of the topic of pension reform

Moscow. July 5. INTERFAX.RU — IN the presidential administration is not engaged in any of the expert papers on the topic of changes to the pension legislation, said on Thursday to journalists the press Secretary of the President Dmitry Peskov.

He noted that all of the expert study is conducted in the “diagonal of the Parliament and the government.”

Peskov also added that on Thursday at meeting on economic issues of pension reform will not be discussed.

Thus, according to the spokesman, Russian President Vladimir Putin might discuss at the event subject to the increase in VAT. “I do not exclude that the expert exchange of views on the second part of your question, VAT can now be the President”, — said Peskov told reporters.

According to economic forecasts, the increase in VAT may lead to slower growth next year to 1.4% and slowing incomes.

The state Duma meeting on 3 July passed in the first reading a government bill to increase from 1 January 2019 VAT from 18% to 20%, while fixing the rate of insurance contributions for compulsory pension insurance in the amount of 22% (within the installed base for the calculation) and 10% (over the installed base).

The document was submitted to the Duma by the government on 16 June.

According to the financial-economic justification to the bill, the VAT increase by 2 percentage points will lead to additional revenues of the budget of $ 620 billion per year.