Wednesday, June 29, 2016

The Ministry of Finance proposed to freeze the budget expenses for the next three years – RBC

Russia. Moscow. at the building view of the Ministry of Finance

Photos: Fame Alakhov / TASS

The Ministry of Finance proposed to fix the costs at the level of the budget 15 78 trillion rubles. per year in the period from 2017 to 2019, according to “Vedomosti”. Thus, the costs will be reduced in nominal terms in most government programs

According to the proposal of the Ministry of Finance on financing government programs and guidelines of federal spending in the 2017-2019 biennium. budget expenditures proposed freeze in nominal terms at the level of 15.78 trillion rubles. per year for three years. This is reported by “Vedomosti”, with reference to the document with which the publication could be found, as well as a federal official and the official representative of the Ministry.

As the “Vedomosti” noted the level of 15.78 trillion rubles. a year even less refined expenses for 2016, which amount to 16.25 trillion rubles

«This is the risk-free level of spending, which we can not afford in the current situation, taking into account all the risks,” -. said the publication Representative Ministry of Finance.

So, say “Vedomosti”, the federal budget expenditure in real terms will be reduced over three years by about 20% compared with the level of 2016, and many of the costs for state programs of social support of citizens, providing affordable housing, health, development, etc. decrease even in nominal terms. A total of 42 state programs costs, according to the document, reduced by 36, indicates the edition.

According to “Vedomosti”, most (more than doubled in three years) reduced funding for the state program on development of physical culture and sports in nominal terms . Funding for social and economic development of the Crimea will fall by more than the widow to 149.3 billion rubles. in 2016 to 65.98 billion in 2019. In addition, be reduced by 15% over three years, closed part of government programs (mostly defense spending), nominal expenditure growth envisaged in the management of public finances, economic development, development of the industry.

As part of the budget, are not related to government programs, nominal spending increased only on the development of the pension system – from 3.35 trillion rubles. in 2017 to 3.67 trillion in 2019, or by 20% compared to the year 2016.

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