Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Budget Expenditures Will Be Reduced
14.02.2015 10:47
Budget Expenditures Will Be Reduced

The Ministry of Finance wants to reduce budget expenditures by an additional 600 billion roubles, according to TASS.

      According to the Finance Minister Anton Siluanov, it is a compulsory measure.

      In addition, the government has plans to reject certain investment projects and reduce the financing of the already existing articles. “In order to reach a 5 per cent reduction of budget expenditures in real terms, we need to cut down another 600 billion roubles” – Siluanov said. He also noted that this figure is an addition to the planned 10% reduction in the budget by 900 billion roubles. The Minister also shared the plans to cut 50% of financing of a number of old investment projects and to give up some new ones. “We have a number of measures to consider this week and to offer them as amendments to the budget for 2015” - TASS quotes the words of the Finance Minister. In January of this year Anton Siluanov, speaking at the Gaidar Forum, announced the need to cut down government expenditures by 10% on all articles, except protected ones.


Author: Anna Dorozhkina

Tags: budget economic crisis    

Next Previous

You might also find interesting:

Oksana Fedorova will Present her New Collection "Transformation"
The Majority of Russians Prefer Domestic Manufacturers
Main Criteria for Russians when Choosing a Job
Yandex Company has Launched its Own Collection of Children's Clothes
Couture Collection by Fashion House Humariff will be Presented in Moscow Manege

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Platonov's Festival of Arts  the Maliy Theatre  Orthodoxy  Russian dairy   Exhibitions in Moscow  Traditional Russian Dress  games  tours to Russia  Danny DeVito  Kostroma  Nikolai Sapunov  Moscow  Rosbank  Peter Hook  Russian business  Russian cities  renewable energy  travel to Russia  Kirov  Chocolate Festival  Russian Cinema  international cooperation  TNK-BP  Russian army  Historical Yekaterinburg  Ballad of a Soldier  Resources  Festivals in Moscow  Joseph Stalin  The Saratov region  Russian tourism  St. Petersburg  Paramonovs Warehouses  Civil Platform  Russian football  criminality  activity holidays  Russian Folk Dance  Geyzernaya River  Gourmet Tours  Fyodor Chistyakov  Astrakhan Region  Mercedes-Benz Fashion Week Russia  North Caucasus  Khabarovsk  Russian holidays  Prison  Sverdlovsk region  Russian regions  Russian history 

Travel Blogs
Top Traveling Sites