Tuesday, December 30, 2014

Siluanov: in 2015 budget will miss 2.6 trillion – BFM.Ru

Siluanov: in 2015 budget will miss 2.6 trillion – BFM.Ru

He pointed out that the figures were calculated based on the price of oil at $ 100 a barrel

Russian Finance Minister Anton Siluanov announced that next year budget of the country will miss 2.6 trillion rubles. These data were announced on the air “Russia 24».

«Next year will be a very difficult budget situation & lt; … & gt; The budget was calculated based on the price of oil to $ 100 per barrel, based on a forecast of economic growth of 1.2% – all this is not “- said the head of the ministry. See also: Alexei Ulyukayev: translate escape salary into dollars is not worth

Large amount of borrowing in the domestic market not expected, and the ministries and departments will reduce budget expenditures by approximately 10%. “I am sure that this is not the last step, we have to proceed to reduce costs, the transfer of appropriations at a later date”, – says Siluanov. He also warned against “eating away” of the Reserve Fund. According to him, the Ministry of Finance legally allowed to use, if necessary, up to $ 500 billion from the fund, but not the fact that this money would be enough. He stated that the limit can be increased by several times.

According to Siluanov, in the first quarter of the Ministry of Finance may enter the market with the purchase of currency. Federal Antimonopoly Service, he called to check the validity of price increases for products. The Minister pointed out that the weakening of the ruble offset the loss of only 50% of the budget from the reduction in oil prices.

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