State Duma deputies criticized the draft budget for 2015 – Century – Daily Newspaper

State Duma deputies criticized the draft budget for 2015 – Century – Daily Newspaper

Posted 13/10/2014 23:49. Edited 14.10.2014 01:16

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MPs insist on increased funding from the state treasury of agriculture, as well as import substitution programs. However, Finance Minister Anton Siluanov Duma did not share the optimism. According to his forecast, the budget-2015 risks a shortfall of up to 500 billion rubles. This will happen if the ruble will not strengthen its position as the world oil market does not go up. To compensate for the overdraft, or need to withdraw funds from the Reserve Fund, or severely reduce costs in the federal budget.

According to Finance Ministry estimates, the decline in oil prices by $ 1 per barrel is non-receipt of the treasury 70 billion rubles. In this case, the fall of the Russian currency on 1 ruble in relation to the $ 1 nominal increase revenues to the federal budget of 200 billion rubles.

In the draft budget for 2015 takes into account such items of expenditure as the financial support of the Crimea and Sevastopol, the increase in costs the Far East and the Baikal region, the creation of the Moscow transport hub, support programs and import manufacturers of export-oriented and affected by Western sanctions.

The State Duma has insisted on the inadmissibility of reducing the cost of education and healthcare, as well as called insufficient financing of agriculture. At last Siluanov said that niche opened up the market because of the ban for Western companies to supply equipment in the Russian Federation, shall be filled by domestic producers. Siluanov also considers it necessary to revise the line-item spending 170 billion rubles, pledged to support the village. Maximum funding be directed to projects of import substitution.

There is no unity at deputies and members of the government and the issue of indexation of tariffs of natural monopolies. According to Deputy Minister of Economic Development Alexei Vedev, monopolies provide growth of capital investment by 2%, and their contribution to inflation is 0.8-0.9%. However, the head of the Accounting Chamber Tatyana Golikova said that the Ministry of Economic Development submitted the documents there is no clear outline of how the increase in tariffs of monopolies leads to economic growth.