state budget of Russia

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Golikova: government goes into standby mode

The past year has been wasted to change the structure of budget expenditures, and at the beginning of this year the authorities have gone into 'standby mode', which prevents development of the economy, the head of the Accounts Chamber ...

Matviyenko: thoughtless budget cuts unacceptable

The speaker of Russia’s Federation Council, Valentina Matviyenko, said that mechanical budget cuts are unacceptable and proposes not to hurry with the adjustment till the end of the first quarter. "The …

Kudrin predicts budget deficit for 2016

Former Russian Finance Minister Alexey Kudrin has announced his forecast for Russia's budget deficit for 2016 on the sidelines of the Davos forum. "With the oil price of $30 per barrel the budget deficit will …

Naryshkin: Crisis should be used for further growth

The deputies of the State Duma of the sixth convocation must create a legal framework that will be the basis for future economic growth, the chairman of the lower house of parliament Sergey Naryshkin stated during the …

Sergey Ryabukhin about Russia's budget for 2016

Today, the Chairman of the Federation Council Committee on Budget and Financial Markets, the senator from the Ulyanovsk Region Sergey Ryabukhin, visited the studio of Vestnik Kavkaza. During the program Tribune he spoke …

Russia's budget for 2016 approved

Russian President Vladimir Putin has approved the law on the federal budget for 2016. Due to the high volatility on the financial and commodity markets, the annual budget has been adopted for one year, instead of three years as it was earlier. The ...