A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Budget Justice: Who Lives Well in Russia?
2 September 2021
17:15—18:45
Six of Russia’s ten largest regions by area are located in the Far Eastern Federal District, and of Russia’s five regions characterized by a low population density and harsh climate, four are also in the Far East. What’s more, ten of the Far Eastern Federal District’s eleven regions have a fiscal capacity below that of the Russian average, with four falling below the minimum amount. How will regions of the Far East be able to attain national targets with such levels of fiscal capacity? Might it be possible to move forward without a development budget? To what degree are fiscal imbalances dangerous and why do negative intergovernmental transfers exist at a municipal level, but not at a regional level? Will additional support measures help improve quality of live and stem the flow of people leaving the Far East? Why is it that in the past ten years, the average fiscal capacity of the Far Eastern Federal District has risen by a mere 13%? A number of decisions have been taken this year regarding measures to support the regions. Are these steps sufficient to restore budget equitability? Would increasing the volume of intergovernmental transfers (including grants) prove effective, or would it be better to transfer certain powers to the federal authorities?
Date
02.09.2021
Forum
EEF
Started at
17:15—18:45
Conference hall
Building B, level 6, conference hall 6
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