Friday, February 27, 2015

Finance Ministry asks another 2.6 trillion rubles from the Reserve Fund to cover the deficit – Bulletin

Finance Ministry asks another 2.6 trillion rubles from the Reserve Fund to cover the deficit – Bulletin

Revenue budget-2015 will amount to 17% of GDP ?? is “the worst performance in the 15 years»

D. Abramov / Vedomosti

A. Abramov / Gazette

The Ministry of Finance will be asked for permission to increase the amount of the reserve fund to cover the deficit. Now a separate law for these purposes are allowed to send 500 billion rubles., The Finance Ministry will ask to send more money to cover the total amount of $ 3.1 trillion rubles, said Deputy Finance Minister Tatyana Nesterenko. According to her, the figure recorded in the draft budget for 2015 prepared by the Ministry of Finance. After all measures to reduce the deficit spending, according to the Ministry of Finance, will be 3.7% of GDP in 2015, Nesterenko said.

According to her, the budget-2015 costs will be reduced by 1.07 trillion rubles . due neindeksatsii wages and reduce investment. Revenues in the revised budget amounted to 13.5 trillion rubles. ( 17% of GDP), it is « the worst figure for all 15 years».

« Less income we was not “?? said Deputy Minister of ( quoted by « Interfax “). However, she said that the expenditure amounted to 15.2 trillion rubles. ?? is 20.8% of GDP. She added that the Budget deficit in 2015 amounted to 4.7% of GDP without taking a decision to reduce the costs.

The Ministry of Finance will on March 4 in the government adjusted budget 2015 clarifies TASS.

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