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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, 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, 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 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 Russian public organizations, federal and legislative agencies, and federal subjects.

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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Budgetary Transfers to the Regions: In Search of Balance
27 February 2017
11:15

A balanced budget system is one of the key elements in the implementation of a regional policy where the primary goal is to minimize the differences in regional socioeconomic development across Russia. Improving budgetary relationships between different levels of government is a prerequisite for ensuring a balance in public administration at the federal and regional levels. How can the organization of the interrelationships between the national and regional budgets be improved? How can the quality of the budget process and financial management of the regions be improved? What needs to be done to transition to a policy that achieves real alignment of budgets? What is more effective: imposing tough budget constraints or easing administrative regulations and expanding the powers of the regions?

Date
27.02.2017
Forum
Russian Investment Forum
Started at
11:15
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