Topic: Putin’s Budget Address
MOSCOW, September 28 (RIA Novosti)
- Russia’s Budget Must Respond to Global Risks – Putin
- Putin Slams Government over 2013-15 Budget
- Putin Says Stability, Social Spend Budget Priorities
- Russian Budget to Lose $3Bln at $100/Bbl Oil Price – Finance Ministry
- Russia Studies Crisis Budget Options – Finance Ministry
The Russian government has drafted a budget for 2013-2015 proceeding from average oil prices in the past years, and the draft will be submitted to the lower house of parliament by October 1, Prime Minister Dmitry Medvedev said in his video blog on Friday.
“The government has completed work on the budget draft for 2013 and for the period of 2014 and 2015. It will be submitted to the State Duma by October 1,” Medvedev said, adding that the budget will be socially oriented.
The premier said the budget has a margin of safety.
“Now the volumes of government liabilities, long-term investment programs are not pegged to the current crude price,” Medvedev said, adding that this would ensure stability.
The budget allocates 2.5 trillion rubles ($80.7 billion) to healthcare and 627 billion rubles ($20.2 billion) to education.
Over 400 billion rubles ($12.9 billion) has been reserved for subsidies to Russian regions, Medvedev said.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: Yury Gagarin: Life of the First Man in Space in Pictures
Infographics: History of the Paralympic Games
We have witnessed the total defeat of western Ukraine, Western nationalists and the West in general, which made the unfortunate decision to support the anti-government activity. They failed to realize that the collapse of Yanukovych means the collapse of Ukrainian unity. They set fire to their own home and planted a time bomb under Ukraine’s territorial integrity.