The state spends part of the contingency fund for the redemption of shares of Russian banks.

SyuzhetyIzmeneniya in the budget for 2009-2011 gody11.02.2009Putin agreed to amend the budget in GosdumuKommentariiZatormozili30.01.2009Rossiyskaya economy in 2009 will cease to rastiSploshnoy minus22.01.2009Stali basic projections are known to the Ministry of Economic Development 2009 year, the Government of Russia plans through the budget and the Reserve Fund to undertake recapitalization of major banks, writes the newspaper Kommersant. Because of this, Ministry of Finance will reduce the portion of gosrashodov to balance the budget for 2009.
In January, Prime Minister of Russia Vladimir Putin has instructed the Ministry of Finance to change the parameters of a three-year budget for the 2009-2011 year, according to new projections from the Ministry of Economy. It was expected that the Ministry of Finance will hold a recalculation of the budget of Russia for 2009 in two weeks. This January 22, the Minister of Finance of Russia Alexey Kudrin. However, the draft budget-2009 with revised figures have not yet been handed over to the government.
By December the Ministry of Finance projections, budget revenues in 2009 amount to 6.5 trillion rubles. Now in the budget for 2009 laid surplus of 3.7 percent of GDP (income at 10.9 trillion rubles, expenses - 9 trillion).
Before the assistant to the President of Russia Arkady Dvorkovich said that the budget deficit in 2009 will be from 8 to 10 per cent of GDP. At the same time to finance the deficit will be spent half of the Reserve Fund, which is now at 4.8 trillion rubles. The deficit of 8 percent of GDP is estimated Kommersant, is about 3.8 trillion rubles. In this case the Ministry of Finance to balance the budget, will have to choose from a reserve fund 2.4 trillion rubles, and the cost reduced by 1.4 trillion rubles (15 percent).
However, according to the publication of the budget deficit, financed from the Reserve Fund, will also include the cost of recapitalization of the largest banks, which will be conducted through the purchase of additional issue shares of major banks. In this case, from the Reserve Fund may be selected from 0,7 up to 1 trillion rubles, which will increase the need for reduction of expenditure at 2.1 trillion rubles.
The newspaper Vedomosti writes that the costs had already been reduced to 470 billion rubles, and now the Ministry of Finance is trying to cut them for another 500 billion rubles. When it will be considered "cut" the budget is unknown. According to a source publication, this can happen on 16 February.
Now 4-4,5 trillion rubles of federal budget expenditures are unrelentingly social articles, and another trillion rubles are in state defense order.