State Duma of Russia adopted on first reading the amendments to the federal budget for 2009

 
  
 
 
  25.09.09 17:49 ;
  State Duma of Russia adopted on first reading a bill on amending the law On federal budget for 2009 and the planned period 2010 and 2011. Over the passage of the bill voted 315 deputies.

23 September, the Government of Russia denounced the document and has made anti-crisis amendments. As a result, federal expenditures in 2009 will increase by 152.9 billion rubles to 9.8 trillion rubles. Thus, the budget deficit in 2009 will amount to 3.1 trillion rubles, rather than 2.9 trillion rubles, as previously planned.

According to Prime Minister Vladimir Putin, the main task of fiscal policy in the near future is to ensure economic stability and reducing the budget deficit.

assumed that in 2010 the price for Urals oil is $ 58 per barrel, GDP growth - 1,6%, GDP - 43.187 trillion rubles. In 2011, the government expects oil prices to $ 59 per barrel, GDP growth will amount to 3% of GDP - 48.072 trillion rubles. Forecast for 2012 is as follows: the price of oil - $ 60 per barrel, GDP growth - 4,3%, GDP - 53.712 trillion rubles.

Thus, the budget revenues in 2010 are expected at 6.95 trillion rubles (16,1% of GDP), expenditure - at 9.886 trillion rubles (22,9% of GDP). The budget deficit next year will amount to 2.936 trillion rubles, which corresponds to 6,8% of GDP. In 2011 the budget deficit will fall to 1.934 trillion rubles (4% of GDP), and in 2012 - up to 1.611 trillion rubles (3% of GDP). It is expected that revenues in 2011 and 2012 amount to 7.455 trillion rubles and 8.069 trillion rubles, expenses - 9.389 trillion rubles and 9.681 trillion rubles, respectively.

It is expected that the main sources of financing the budget deficit in 2010 will be the Reserve Fund, in 2011-2012 - the National Prosperity Fund. Projected to the MOF, in the next year, The Reserve Fund will be exhausted and begin to recover in 2013.
  

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