Tax revenues transferred by Moscow to the federal budget have increased 5 times since 2010

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Moscow Mayor Sergei Sobyanin stated at the session that Russia cannot be divided into a center and regions, that the entire country lives in a single legal, tax and budget system, and said, “The dominant financial system in the transformation period: to serve national goals, to protect welfare.” Part of the VII Moscow Financial Forum.

“We live in the same country. Stop dividing it into regions and centres. There is no region separate from the country,” he said.

Sobyanin added that the budget system was preserved thanks to the understanding of the president and the government that inter-budget relations should be stable and predictable for a long time.

“If the rules change every day, the whole country will not understand where to move,” the mayor said.

According to Sobyanin, the tax revenues transferred by Moscow to the federal budget have increased 5 times since 2010.

“The large ring metro line has already brought into the federal budget as much as we spent from the Moscow budget,” the mayor said.

Sobyanin emphasized that today one in eight Russians receives medical care, social and pension insurance at the expense of the capital’s residents, who contribute extra-budgetary funds from their payrolls.

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