The Supreme Council passes the national budget draft for 2015 and the mid-term horizon in the first reading

12/10/14 20:07

The Supreme Council passes the national budget draft for 2015 and the mid-term horizon in the first reading

The mid-term budget of the National Social Insurance Fund has also been passed today

According to the planning variable, the consolidated budget income will approach closely to 2.5 billion rubles in 2015, expenditure - to more than 7.5 billion rubles.

However, according to the Prime Minister Tatyana Turanskaya, the State requires about 19 billion rubles to fill all the needs.

The Government also expects revenue reduction of budgets at all levels next year in case of the import and export development failure.

It was highlighted during the session that all main budgetary obligations were reflected in the draft document. "The government considers that it is necessary to reflect all of the planned expense for the public utilities, the easy terms of housing-and-municipal services payment provided to the population, the satisfaction of accounts payable within these expense items and also to reflect the tariff difference in the republic’s budget 2015," - it is noted in the draft. 

The draftsmen consider the most important tasks needed to be solved for the legislative budget implementation are the economic activity enabling at the political level and, as a result, the increasing of the external investment inflow into the country’s economy.

 

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