It was expected that the Ministry of Finance proposed changes to the law "On federal budget for 2009 and for the plan period up to 2010-2011 years" will be discussed at a government meeting on Thursday, March 19. The current budget, adopted in November 2008, was based on a projected oil price of 95 dollars per barrel. Now the parameters of the budget review in anticipation of oil prices in 41 U.S. a barrel.
March 10, Minister of Finance of Russia Alexey Kudrin said that the government decided to temporarily waive the federal budget plan for a three-year period, to which Russia has moved in 2007. All changes will be made only so far in the draft budget for 2009.
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