Maintenance of the Central Bank of the high key rate inhibits the development of the Russian economy. This was said in an interview with RIA Novosti Commissioner under the President of Russia to protect the rights of entrepreneurs Boris Titov.
“Maintaining high rates of the Central Bank leads to the fact that height is dying, he strangled. Now there is a recovery height after a pandemic, but this does not mean that it will last further, especially if the price of oil is unstable,” Titov emphasized.
High taxes for business from also called a negative factor. Titov mentioned the high price for electricity for Russian enterprises, which is already higher than in the United States, as well as large interest rates on loans. “The decline in taxes leads to an increase in budget revenues. Business shifts, people are shifted by taxes. Today, according to our data, up to 20 million people are engaged in the illegal sector,” the business ombudsman said.
Previously, Titov proposed to create a senior foundation fund (FSP) for pension payments to those who were born until 1967 and did not pay insurance premiums in full. The second pension fund is needed, since the Russians are not satisfied with the pension sizes, he explained.