MOSCOW, July 6 - PRIME. The
Russian government on Friday approved the overall budget policy
guidelines and the basic characteristics of the federal budget for 2013
and for the period 2014-2015, said after the meeting the Minister of
Health Veronika Skvortsova.
"In general, approved, but work will continue in three areas: social policy, transport, agriculture and regional development will be a block of MIC" - said Skvortsov told reporters.
She added that these issues will be discussed at meetings with the head of government.
Revenues of the federal budget in 2013 are projected at 12.3 trillion rubles, expenditures - 13.4 trillion rubles. Thus, the budget deficit is projected at 1.5% of GDP.
At the same time in 2015, as noted at the government session on Friday, Prime Minister Dmitry Medvedev, who can be reached zero deficit budget.
Beginning in 2013 the government forms the main financial document of the country on the basis of the so-called "fiscal rules". In his federal budget will be calculated on the basis of the base oil prices over five years with an annual increase in this period by one year until a decade.
As reported at the meeting of Finance Minister Anton Siluanov, the federal budget of Russia in the years 2013-2015 will be calculated on the new rule - based on the price of oil 92, 93 and 94 dollars per barrel, respectively. This approach aims to minimize the dependence of the fiscal system on the volatility of hydrocarbon prices.
According to the fiscal rule, the bill on which the State Duma adopted on Friday in the first reading of the actual oil price exceeds the base, the additional revenue will be forwarded to the Reserve Fund or to fill the funding deficit. The decision on such a redistribution should be made by the government of the Russian Federation. If the actual price is lower than the base, then, on the contrary, the Reserve Fund will be spent to cover the federal budget deficit.
Government at a meeting on Friday also approved the main features of the budgets of the Pension Fund, Social Insurance Fund and the Federal Mandatory Medical Insurance Fund in 2013 and the planning period 2014 and 2015, said Skvortsov.
"In general, approved, but work will continue in three areas: social policy, transport, agriculture and regional development will be a block of MIC" - said Skvortsov told reporters.
She added that these issues will be discussed at meetings with the head of government.
Revenues of the federal budget in 2013 are projected at 12.3 trillion rubles, expenditures - 13.4 trillion rubles. Thus, the budget deficit is projected at 1.5% of GDP.
At the same time in 2015, as noted at the government session on Friday, Prime Minister Dmitry Medvedev, who can be reached zero deficit budget.
Beginning in 2013 the government forms the main financial document of the country on the basis of the so-called "fiscal rules". In his federal budget will be calculated on the basis of the base oil prices over five years with an annual increase in this period by one year until a decade.
As reported at the meeting of Finance Minister Anton Siluanov, the federal budget of Russia in the years 2013-2015 will be calculated on the new rule - based on the price of oil 92, 93 and 94 dollars per barrel, respectively. This approach aims to minimize the dependence of the fiscal system on the volatility of hydrocarbon prices.
According to the fiscal rule, the bill on which the State Duma adopted on Friday in the first reading of the actual oil price exceeds the base, the additional revenue will be forwarded to the Reserve Fund or to fill the funding deficit. The decision on such a redistribution should be made by the government of the Russian Federation. If the actual price is lower than the base, then, on the contrary, the Reserve Fund will be spent to cover the federal budget deficit.
Government at a meeting on Friday also approved the main features of the budgets of the Pension Fund, Social Insurance Fund and the Federal Mandatory Medical Insurance Fund in 2013 and the planning period 2014 and 2015, said Skvortsov.
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