Thursday, February 5, 2009

Russia will not cut expenses budget.

SyuzhetyIzmeneniya in the budget for 2009-2011 gody27.01.2009Pravitelstvo proposed a new budget for 2009 godaKommentariiZatormozili30.01.2009Rossiyskaya economy in 2009 will cease to rastiSploshnoy minus22.01.2009Stali basic projections are known to the Ministry of Economic Development 2009 godRossiyskoe the Government will not cut costs budget. This statement was made assistant to the president of Russia Arkady Dvorkovich, reports Reuters. Dvorkovich added that some costs will be reduced, and some increase in nominal terms, thus reducing costs is not going to happen.
Earlier on sekvestirovanii the federal budget announced the first vice-premier Igor Shuvalov. According to him, the government prepared to reduce the projected cost countries to offset the budget deficit.
February 5, Dvorkovich said that the budget deficit in 2009 will be not less than 6.1 percent of Russian GDP, and may exceed these figures. As new versions of the budget for the current year by the Government in late January, with the largest expenditure the budget deficit will reach 7.6 percent of GDP, but with a more moderate - 7 percent of GDP.
According to earlier adoption of the budget, in 2009, its surplus was up 3.7 percent of GDP.
First Russian budget deficit was recorded in November 2008 and reached 270 billion rubles. In doing so, according to the Finance Ministry, last December, the deficit amounted to 20.4 per cent of monthly GDP (805 billion rubles).

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