The Ministry of Finance has prepared a proposal to reduce the federal budget expenditures in 2015 to 771.1 billion rubles, an increase in the deficit from 0.6% of GDP to 3.2% of GDP.
In addition to the previously announced reduction of 909 billion. Rubles, or 10%, plans to reduce costs by another 427 billion. Rubles, according to RBC, citing its own sources.
Budget revenues, according to the agency Anton Siluanova, amounted to 12.3 trillion rubles, expenses – 14.7 trillion rubles.
In order to cover the growing deficit, the Finance Ministry proposes to take in 2015 to 2.7 trillion rubles from the Reserve Fund. If the price of oil will be $ 70 per barrel, and the cost will continue to decline, some of the funds in the Reserve Fund will continue next year, but in 2017 it will begin to be replenished, predicts the Ministry of Finance.
Federal Property Management Agency sent to the budget 756 mln. rubles, or 0.3%, transfers from other federal agencies are estimated at 379.4 billion rubles., or 36,3%.
Shoigu, according to a government official, has advised the Minister of Finance to reprimand the deputies, who offered to cut by 10% and the military budget. The main savings will be achieved by transferring half of the construction costs for state programs, at a later date.
They said that sequestration will affect the cost of providing the May presidential decrees in 2012.
The Ministry of Finance does not plans to reduce spending on national defense, which will show the highest growth rate year by year, among other budget in 2015 will be mainly reduced spending on public investment projects.
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