Tuesday, March 24, 2009

In March, the Reserve Fund will decrease by 600 billion rubles.

SyuzhetyIzmeneniya in the budget for 2009-2011 gody19.03.2009Pravitelstvo Russian Federation approved the adjusted budget for 2009 godKommentarii (Anti) byudzhet20.03.2009Vpervye crisis in eight years the Russian government approved a deficit byudzhetEkonomika dual dnom23. 03.2009Pravitelstvo hurried to "withdraw" from Russia krizisaV March 2009 from the Contingency Fund to cover the deficits of the federal budget-2009 will be transferred 600 billion rubles. That was reported by RIA Novosti with reference to the Head of the Federal Treasury Roman Artyukhin.
In April, to cover the deficit will be transferred to another 600 billion rubles, and in May - 400 billion rubles. Thus, in the first half of 2009 to cover the budget deficit from the contingency fund will be transferred to 1.6 trillion rubles.
Recall that to evaluate the Ministry of Finance, the budget deficit, 2009 will be 7.4 percent of GDP - almost 3 trillion rubles. The difference between revenues and expenditures through 2011 will be met from the contingency fund, which, as of March 1 this year is 4.87 trillion rubles, and - at the expense of borrowing.
Recall that in February 2009, Russia became a budget deficit. According to preliminary data, the figure stood at 243.54 billion rubles. During the first two months of 2009 budget was profitsitnym - income exceeded expenditure by 116.3 billion rubles. In January of this year, the surplus reached 359.84 billion rubles.
Reserve Fund and Fund of national well-being (FNB) was established 1 February 2008 on the basis of Stabilization. Their amount at that time amounted to 3.05 trillion rubles and 783 billion rubles, respectively.

No comments: