Saturday, February 28, 2009

The Russian ministry will reduce the eighth part of the cost.

The Russian ministry will reduce its spending in 2009 by an average of 12.5 percent. The statement was made by Finance Minister Alexey Kudrin, informs RIA Novosti.
According to him, the decrease was not uniform for all ministries and departments. Some of them are more "protected items." For example, reducing the costs of NRF will be 8.5 per cent, while the federal treasury - 9,5 percent.
Because of the global economic crisis, budget revenues in 2009 substantially reduced. According to Kudrin, a decline of about 42 per cent. In this regard, the authorities began to look for opportunities to reduce costs, including through the state machinery. February 17, President Dmitry Medvedev instructed his administration head Sergei Naryshkin to prepare a package of proposals to reduce costs apparatus of administration. Similar recommendations were given to the Federation Council and the regional legislature. Earlier, Russian media reported that the reduction in government spending has already begun. In particular, the Federation Council has reduced spending in 2009 to 30 percent by reducing the vacancy rate and some other measures. The State Duma has reduced its expenditure by 5,7 percent, while planning to bring the level of savings up to 12 percent.
It upravdelami President to reduce the costs of major repairs to the 10-15 per cent, while Minpromtorg intends to cut costs by one fifth due to business trips, canceled dozens of installations and repair costs for projects in the industry.

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