Putin approved the anti-crisis plan worth 1.4 trillion rubles – LІGA.net

Putin approved the anti-crisis plan worth 1.4 trillion rubles – LІGA.net

Russian President Vladimir Putin said after the meeting approved the economic crisis plan of the government (the “Plan for sustainable economic development and social stability in 2015″).

According to Kommersant, on Monday, January 26 the final version plan will be shown again, Vladimir Putin, he asked, “to clarify the sources of financing” for a number of points of this program.

According to the publication, the total cost of the plan – 1.375 trillion rubles, of which 550 billion rubles – NWF, 160 billion RUB – low cost loans, 157.5 billion rubles – OFZ additional loans, 257 billion rubles – new spending budget, 232.5 billion rubles – the federal government guarantees (1 trillion rubles capitalization DIA excluded from the calculations).

In previous versions of a number of not having an accurate assessment of new spending plan worth more

than 2 trillion rubles (the same address trillion in DIA). Given that save on state programs planned MOF similar amounts de facto plan assumes in 2015 mainly redistribution planned federal spending in favor of anti-crisis measures and cover the missing oil and gas revenues from the Reserve Fund – based on the logic of his plan is no longer expected to spend all in 2015, and stretch to two or three years.

The average oil price of about $ 60 per barrel make this plan is quite feasible, the price is lower – doubtful. The new macroeconomic forecast Economy Ministry, which will answer the question of “the base price of oil” for the budget requested to prepare by 1 February, the newspaper writes.