non-governmental analytical center specializing in the sphere of public finance, various issues of intergovernmental fiscal relations, fiscal federalism, and regional and municipal development.
IPFR was founded in 2002.
The main objectives of IPFR are to build up scientific research capacity in Russian economy and economic policy, conduct advanced research in economics, share the results and introduce them to practice.

December 23, 2011
Dear Friends and Partners,
We wish you a Merry Christmas and Happy New Year!
IPFR Team
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