On October 16, at the session of the People’s Assembly – Parliament of the Republic of Abkhazia, Deputy Head of the Administration of the President, Representative of the President in Parliament Dmitry Shamba presented a number of questions to be considered by the members of Parliament.
Dmitry Shamba presented a bill “On amending the Law of the Republic of Abkhazia ‘On the tax on the profits of organisations’”, which aims to exempt from taxation of interest income on loans and credits granted by foreign organisations within the refinancing rate established by the National Bank.
Dmitry Shamba remarked that this measure aims to stimulate the flow of cheap financial resources into the country.
“The abovementioned program of crediting medium-sized and big businesses of the Republic of Abkhazia is being implemented by the Government together with the Russian investment agency”, - remarked Dmitry Shamba.
He said that 8 projects for a total of more than 1 billion rubles have been approved to date as part of the program, and two more are being considered.
“The expected number of newly created jobs will be 350, tax revenues - up to 150 million rubles a year”, - stressed Dmitry Shamba.
He added that the financial and economic effect of adopting this bill can be assessed as favourable.
Chairman of the Committee on Budget, Credit Organisations, Taxes and Finance Natalie Smyr stressed that this bill will allow avoiding double taxation.
“All interest income, which is lower than the refinancing rate, will not be taxed”, - she said.
Natalie Smyr stressed that the adoption of this bill is important to the Republic.
The bill “On amending the Law of the Republic of Abkhazia ‘On the tax on the profits of organisations’” was adopted in the first and final reading.
Another bill was also added to the agenda of the Parliament’s session – “On ratification of the Agreement between the Republic of Abkhazia and the Russian Federation on cooperation in the field of insurance of citizens of the Russian Federation permanently residing on the territory of the Republic of Abkhazia in the system of compulsory medical insurance of the Russian Federation and rendering medical assistance to them in medical organisations of the Russian Federation”, which was presented by the Representative of the President in Parliament.
Dmitry Shamba said that in order to develop the Treaty on Alliance and Strategic Partnership between the Republic of Abkhazia and the Russian Federation signed on November 24, 2014, an agreement was signed between the Health Ministries of Abkhazia and Russia on August 8, 2017: “On cooperation in the field of insurance of citizens of the Russian Federation permanently residing on the territory of the Republic of Abkhazia in the system of compulsory medical insurance of the Russian Federation and rendering medical assistance to them in medical organisations of the Russian Federation”.
Thanks to the signing of this agreement, citizens of the Republic of Abkhazia who have the citizenship of the Russian Federation, but registered in Abkhazia and without registration in Russia, will be able to access the medical insurance of the Russian Federation.
In this way, they will be included in the system of the compulsory medical insurance of the Russian Federation and will receive free medical care in corresponding institutions of Russia, in accordance with the legislation of the Russian Federation.
Chairman of the Parliamentary Committee on Social Policy, Labour, Health, Demography, Veterans and War Disabled Persons Alkhas Djindjolia said that the citizens of the Republic of Abkhazia will be attached to the Krasnodar Territory, due to its close geographical location.
Under the policy of medical insurance, it will be possible to get help in all medical institutions of the Krasnodar Territory, except for cases when individuals themselves choose medical organisations for first aid.
According to Dmitry Shamba, within the framework of the agreement, the Abkhazian side undertakes to provide information on the number of citizens of the Russian Federation permanently residing on the territory of the Republic of Abkhazia.
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Minister of Health Tamaz Tsakhnakia informed that the issuing points will be opened in all regions of the Republic at central medical institutions.
The Minister of Health added that the term of the policy is three years.
The agreement was ratified unanimously.
Dmitry Shamba also presented candidacies for the post of the judge of the Arbitration Court - Zurab Agumava; for the post of judge of the Constitutional Court - Givi Gabnia; for the post of judge of the Supreme Court – Ekaterina Onischenko.
The candidacy of Givi Gabnia for the post of judge of the Constitutional Court was not approved.