GOVERNMENT’S SUPPORT OF REAL ECONOMY: BANKING OR FISCAL?

Abstract

In the article the author considers some aspects of government support of real economy. In this regard, the experience of allocation of budget funds by the Government of the Russian Federation to banking organizations to mitigate the crisis in the economy and assess the fea-sibility of introducing tax measures to support business entities, in the fi rst place, value added tax reduction.

Keywords

• budget
• value added tax
• vat
• support of real economy
• economic modernization
• government support for innovation
• boost economy effi ciency
• lending to priority sector of the economy
• tax reduction