Ministry of Finance does not plan to cancel the budget rule 14:53

The Russian Ministry of Finance does not plan to cancel the budget rule, as it makes it possible to predict the sustainability of the budget under sanctions. This was stated by Anton Siluanov, candidate for Minister of Finance of the Russian Federation. RIA News.

According to the current budget rule, the Ministry of Finance transfers additional budget revenues from oil and gas exports to the National Welfare Fund.

“The budget rules have proven to be positive and we think it is necessary to continue this practice towards creating a sustainable, balanced budget,” he said.

Siluanov noted that the budget rule was not imposed on the Russian Federation by anyone. It allows you to estimate budget expenditures accordingly and ensure the stability and sustainability of the budget.

“We are dependent on a variety of external factors, whether it is fluctuations in external economic conditions or sanctions and restrictions. Budget rules allow us to ensure the stability of the budget, its sustainability and the formation of reserves in case of good conditions for periods when we face difficulties and difficulties,” added Siluanov.

It was previously reported that the Russian budget deficit for the January-April 2024 period was provisionally announced. made 1.484 trillion RUB

Previously Ministry of Finance offered optimization of budget spending rules.

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Source: Gazeta

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