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Date: 5 days ago   Category: Politics

Whether Russia will be able to save Venezuela the councils?


The expert group of the Russian officials which visited Caracas developed measures to bring the country out of a long economic crisis of the Photo: Marco Bello/Reuters Russia will help Venezuela councils. The domestic officials who visited Caracas prepared the plan for rescue of the South American country enduring a long economic crisis. The The Bell edition got acquainted with it. The economy of Venezuela is in a deplorable state. Following the results of last year inflation was nearly two million percent, and GDP dropped by 18%. In the plan published in media unconditional basic income is offered including to enter to support the growing poor households, to switch-off the press, to put emphasis on indirect taxes instead of straight lines and to diversify export. Business FM asked to study the plan professor of department of the international economic relations of RUDN Inna Andronova: Inna Andronova professor of department of the international economic relations of RUDN "As much as possible to diversify export. Cool! At us in 1996 in the strategy of economic security of the Russian Federation the task to diversify export was set. Well-well. In 1995 the share of mineral resources in export was 43%, and now — under 80%. We have zero achievements in export diversification. That it is necessary to switch off the press, it needless to say because such inflation — it is unreal. If not to switch off it, it will be valid this process infinite. And it is very difficult to comment on all the rest because there is nothing concrete. Well to undertake tax reform, by an example of Russia to put emphasis on indirect taxation. It is possible to remove one skin from a cow. Indirect taxation is an attempt to remove two-three. There the population already poor about what indirect taxation we in general can speak. It is a set of standard offers, it is more similar to some slogans". However, it is only plan details. Besides, Russia after all has a good experience of an exit from several crises during the falling of the oil prices and growth of inflation. To add BFM.ru to your sources of news?

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