Co-chairman of the Popular Front, said the lack of budget problems in Russia – RBC

Co-Chairman of the Central Staff of the Popular Front Alexander Brechalov

Photo: Yuri Mashkov / TASS

According to the Co-Chairman of the Central Staff of the Popular Front (ONF) Alexander Brechalova, Russia has no problems with the budget. He proposed to adjust the budget based on the price of oil at $ 10 per barrel.

«I suggested to the government to adjust the budget at the rate of $ 10 per barrel. I am convinced that Russia has no problems with the budget. No shortage there. If we effectively spend the money we will have a surplus “, – quotes” Interfax “the words Brechalova interregional forum ONF Stavropol. “Enough daily chant, that everything is bad and will get worse, let it cut off the, let’s cut off the there. Let’s prepare a plan for development and not an anti-crisis plan “- he called.

Approved by the end of December the budget for 2016 was calculated on the basis of a deficit of 3% of GDP and the price of oil at $ 50 a barrel. January 3 at the Gaidar Forum in Moscow, Prime Minister Dmitry Medvedev said that a further decline in oil prices certainly require a revision of budget parameters. He also urged to prepare for the “worst case scenario” in the economy ».

Later, the Finance Minister Anton Siluanov named budget reduction of 10% of the maximum possible without changing its structure. The minister has traditionally stressed that all social obligations of the government are met. The minister explained that these actions can not be called sequestration as “sequestration – is when the budget is cut off: it is necessary to terminate the contracts violate the contractual obligations; We brought the limits now departments, no signed contracts, will choose important expenses ».

Siluanov also talked about a new mechanism of budget cuts: ministries and departments have their own to reduce the expenditure part of the 10%, while they can choose which programs and how much to cut. Otherwise, the Ministry of Finance alone sequestering budget by 10%, the reduction will apply to all articles.

Former Finance Minister Alexei Kudrin said on the sidelines in Davos estimated that the average annual oil price of $ 30 per barrel of Russian budget deficit reach 6% of GDP “or more.”