RBC: Ministry of Finance planned to reduce the number of state institutions in Russia

No time to read?
Get a summary

As part of measures to improve the efficiency of budget expenditure management, the Ministry of Finance (MinFin) plans to prepare and submit proposals to the government to reduce the number of federal government agencies located in Russia. In this respect informs RBC with reference to the provisions of the chapter’s draft final report for 2022.

“The Ministry of Finance plans to prepare and submit proposals to the government “to reduce the number of federal state institutions subordinate to federal executive bodies managed by the government of the Russian Federation. The measure is proposed to increase the efficiency of budget expenditure management,” the statement said.

At the same time, the amount of budgetary spending on employees of state institutions will remain at the same level. The article concludes that this will be done in order to encourage “increasing the wage level for their work”.

RBC’s March 27 edition with reference to the chapter’s draft final annual report reported About the intention of the Ministry of Finance (MinFin) to conduct an experiment on the issuance of preferential mortgages for civil servants and civil servants. At the same time, this initiative involves subsidizing the interest rate, rather than providing lump-sum payments for these categories of workers.

No time to read?
Get a summary
Previous Article

Video | This was the shooting attack that killed three children and three adults in the United States.

Next Article

Empress hacker announces Resident Evil 4 hack