Sunday, February 7, 2016

Siluanov estimated the anti-crisis measures at 600 billion rubles – Economic Information Agency

The four anti-crisis measures of the budget require more than they save 10 percent nedovedenie limits on the expenditure side. The journalists on the sidelines of the congress of the party “United Russia” said Finance Minister Anton Siluanov

 Siluanov estimated the anti-crisis measures at  600 billion rubles

Photo Grigory Sysoev, RIA Novosti

– due to the fact that the wage fund falls below our estimate, about 200 billion rubles, we must pay to the Pension Fund – this time. It is balanced, because revenues are down FIU. It’s anti-crisis action or not? What do you call it? I dont know. This is our binding decision – quoted Minister of TASS

Also, according to Siluanov on doindeksatsiyu budget costs associated with the rate of the ruble will require from 40 to 100 billion rubles -. This is the second measure. “On the capitalization of VEB – three, I will not be worth talking addition has decided to support the industry by 69 billion rubles -.. Four For the amount of additional appropriations that exceed the 10-percent reduction,” – said Siluanov

<. p> Earlier he stated that the reduction of budget expenditures by 10%, with the exception of the so-called protected items, will make it possible to save 512 billion rubles. Ministries and departments, received an appropriation for 2016, will define the priorities of the appropriations themselves take decisions about the choice of the main the most effective costs and cutting off of inefficient spending.

Economic Development Minister Alexei Ulyukayev also said that the economic support plan It will consist of two blocks. The first set includes measures of operative reaction to the changing situation, which poses problems for certain sectors, such as automotive, railway engineering, light industry and so on. Under each of the measures specific financial source will be determined

The second block -. A set of regulatory, structural measures, which do not require financing this year, but the decision on which will create a favorable environment for sustainable economic growth in the medium term . Most of the measures will be implemented in the medium term in this block -. About three years

In contrast to the anti-crisis plan of the government in 2015, plan to support the economy will mainly consist not of financial investments in banks and businesses, and from measures to stimulate economic growth in the long term. In particular, the government’s plan will include measures to support small and medium-sized businesses, whose share in the GDP is expected to grow twice until 2030. Most of the action plan does not provide for additional budgetary expenditure. The need for a plan has been caused by the downturn in the economy due to a sharp drop in oil prices.

The Ministry of Finance maintains the goal of 3 per cent budget deficit

He also noted that the Ministry of Finance maintains the goal of 3 -protsentnomu budget deficit for oil of $ 40 per barrel in 2016.

“You need to look at the budget balance. We have set ourselves the task to have a 3 percent budget deficit this year at an oil price of $ 40 per barrel” – he said,

budget 2016 been drawn up based on Urals prices of $ 50 per barrel, while to date, oil prices fell below this mark $ 35 budget revenues are assumed to be in the amount of 13.738. trillion rubles (17.5% of GDP), expenses – to 16.099 trillion rubles (20.5% of GDP). The budget deficit will amount to 2.36 trillion rubles, or 3% of GDP.

January 13 Siluanov said that at current oil prices and the lack of government response to deficit could rise twice. At that time, the price of Brent crude oil was at its minimum – below $ 28 a barrel

According to the minister, the reduction of budget expenditures by 10%, with the exception of the so-called protected items, will make it possible to save 512 billion. rubles. Ministries and departments, received the corresponding appropriations to 2016 will determine the priorities of the appropriations themselves take decisions about the choice of the main the most effective costs and cutting off of inefficient spending.

Increase in excise duties on petrol

Anton Siluanov also said that the Finance Ministry proposes to increase the excise tax from April 1 to 2 rubles for gasoline and diesel fuel on 1 ruble. He stressed that the increase in gasoline prices should not happen

-. Yes, from 1 April. There’s diesel and gasoline. 2 rubles petrol, 1 ruble – diesel. This should not lead to higher prices. The ruble price of oil drops on opte price of gasoline is determined by netback, respectively, and the price of gasoline should be reduced. Therefore, we believe that motorists should not feel this change – he said

According to the minister, increase in excise duties on petrol and diesel from April 1, will give the budget to 80 billion rubles

.. Since January 1, bet on Euro-5 gasoline increased by 2 rubles to 7.53 rubles per liter, and for diesel fuel – up to 4.15 rubles per liter. Last time twice per year the excise tax raised in 2013.

According to the Federal State Statistics Service, amounted to 12.9%, gasoline prices rose by 4.8% in 2015. Inflation in the Russian Federation.

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