The Russian budget for 2009 will receive funds from targeted programs in 2008.

The Government of Russia intends to ban the transfer of about 340 billion rubles, unencumbered in the performance of federal programs in 2008, 2009, writes the newspaper Kommersant. Instead, the funds will be forwarded to the federal budget revenues from February 1, 2009.
According to the Ministry of Economic Development, for the first three quarters of 2008 to target programs has been spent only 52.4 percent of planned resources. After 12 months of unspent money may be larger.
It is expected that investments in gosprogrammy for 2009 will be subjected to review. As noted by Kommersant, next year they can be reduced by 15 percent, but the final decision will be made no earlier than 20 December, 2008, when a meeting of committee on budget design.
10 Dec, 2008 Ministry of Finance of Russia has announced that November 1, the amount of undeveloped federal budget amounted to around 750 billion rubles. The so-called "fiscal overhang resulted from the fact that most of the money has not been fully utilized for investment in health, government and utilities.
According to the head of the Ministry for Economic Development Elvira Nabiullina, in 2008, planned to complete the construction of 873 objects, which actually was put into operation only 79. The federal program "Electronic Russia" in the first three quarters was funded at only 9.1 per cent, "The development of nanotechnology - at 10.2 per cent, while the" Development of Civil Engineering "- at 24.2 percent. The "Socio-economic development of Chechnya" has not received any funds.
Unspent budgets have traditionally either been postponed until next year or spent at the end of the year, which could lead to higher inflation. Since the beginning of 2008, consumer price inflation in Russia has exceeded 12.5 percent. According to the ministry, year-end inflation is slightly higher than 13 per cent.