Thursday, September 10, 2015

In the State Duma a draft law on the annual budget – Kommersant

The government has submitted to the State Duma a bill on the peculiarities of drawing up and approval of the draft budgets of the budgetary system of Russia in 2016. A message posted in an automated system to ensure the legislative activity of the State Duma. The draft law provides for the rejection of the “fiscal rule” in 2016 and the adoption of the budget for one year.

Recall, the government, as in the crisis year of 2008, this year will depart from the “fiscal rule”, which requires the White House to take the country’s budget for three years and will contribute to the State Duma Only the draft budget for 2016. This will be relegated and terms of the document to the Parliament – instead of October 1 the deputies will get the project on 25 October. On the suspension of the budget rules of the present Ministry of Finance. Ministry in a high volatility in the oil and financial markets is difficult to assert long-term financial performance.

For more information about the bill, read the material “b” “With a budget go in a crisis” .

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