Monday, October 6, 2014

Putin canceled the annual budget address to the Federal Assembly – RBC

President Vladimir Putin

Photo: TASS

Russian President Vladimir Putin canceled the annual budget address to the Federal Assembly. The corresponding document was published on the portal of legal information.

Article of the Budget Code, in which the President was required to be sent no later than March of each year its budget message, no longer in effect.

«The amendments, in particular, canceled the annual budget message of the President of the Russian Federation Federal Assembly, “- the document says. At the same time in the Budget Code of the Russian Federation published an article about the long-term budget planning, we are talking about the formation of the budget forecasts of the country, regions and municipalities.

The fiscal projections are developed countries and regions every six years to 12 years or more. Municipalities take them every three years for at least six years. The basis of a long-term forecast of socio-economic development of the territory concerned, it follows from the explanatory text to the federal law.

According to the document, the draft budget should be based on the provisions of the presidential address to the Federal Assembly. Approved by the budget forecast by the Government of the Russian Federation, the highest executive body of the region or local authorities within two months from the date of the official publication of the law (decisions) on the budget, the document says.

The budget message of the president will be incorporated into the message of the President to the Federal Assembly , told Tass president’s press secretary, Dmitry Peskov. He added that the announcement of the two letters was deemed unnecessary: ​​the budget message “largely overlaps with a message to the Federal Assembly, was part of the challenges posed by the president in the near future».

Peskov said that the question of unification messages president discussed for a long time.

This year, Putin did not address a message to Parliament. By law, the president must submit a document in March, he resounded usually in May and June. But this year, the State Duma has gone on vacation, and the Ministry of Finance has prepared a draft federal budget for 2015-2017 years, without waiting for a document that defines the fiscal policy of the country for the next year, RBC wrote in July.

As early as last , Putin decided to disclose the budget statement separately from the message to the Federal Assembly does not make sense, said earlier Sands. The President requested the Government to formalize the decision to merge the messages and make the appropriate amendments to the Budget Code.

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