Siluanov: authorities adopted anti-crisis plan for 2015 – BBC Russian

Siluanov: authorities adopted anti-crisis plan for 2015 – BBC Russian

• January 27, 2015

Post

The objective of the government is “not to spend recklessly sovereign reserves,” said Anton Siluanov

The Russian authorities have adopted an anti-crisis plan for 2015 does not provide for an increase in budget expenditures, said Finance Minister Anton Siluanov.

The document, which is called “The plan for sustainable economic development and social stability in 2015 year, “provides structural reforms and preservation of reserves, Minister.

According to Siluanova, all necessary for the implementation of the plan of anti-crisis funds will be reserve in the budget, which currently stands at about 170 billion rubles, and the reallocation of resources .

Siluanov also said that the plan is consistent with Ministry of Finance before the problem posed to achieve a balanced budget by 2017 at an oil price of $ 70.

“Do not spend recklessly”

“Yesterday, meetings were held the country’s leadership, adopted anti-crisis plan – said Siluanov. – As part of the plan provided no increase in budget spending, moreover, as a result, we expect that the expenditure would be lower than originally planned “.

According to the minister, even though the plan is for one year, it provided training new structural reforms, “that we have a new quality of public administration, a new quality of the budget so that we maintain our reserves and do not spend them for 1-2 years”.

Anti-Crisis Fund of the government at the beginning of the year was 193 billion, but after a number of decisions with the use of these funds has declined to about 170 billion. Part of the necessary funds and redistribute within state programs, Siluanov said.

He said that the government’s task is not to “waste thoughtlessly sovereign reserves “.

” We are not going to increase spending, we will act within the framework of the approved budget. Furthermore, measures will be proposed to reallocate resources to concentrate on the most important and necessary directions “, – said the Minister.

” In the anti-crisis plan says that we will carry out an adequate fiscal policies, and by 2017 we aim to reach a balanced budget at the target price of oil at $ 70 a barrel, “- he said.

Plan gutted

As reported on Monday Russian President Vladimir Putin has approved the bailout plan prepared by the Government. It was assumed that the plan will be finalized in the light of its comments and next Tuesday will be ready for final approval.

First Deputy Prime Minister Igor Shuvalov, after a meeting with President The government has announced that the “stabilization” of the economy will be spent 1.375 trillion rubles.

However, according to him, Putin’s remarks concerned the cost of the program and its sources of financing, which was seen as a possible sign of further cost reductions.

An interim version of the anti-crisis plan, caught in the disposal of the BBC B consisted of 63 points, whereas the original plan included the Ministry of Economic Development 100, but it is not known from what it was decided to abandon the articles after a meeting with the president.