Tuesday, January 20, 2015

State Duma Speaker: budget must be adjusted – BBC Russian

State Duma Speaker: budget must be adjusted – BBC Russian

  • January 20, 2015

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Russian State Duma Speaker Sergei Naryshkin said that deputies will have adjust the budget and reduce inefficient spending.

At the opening of the spring session of the lower house of the chairman noted that the amount of these costs “very large” and “extra money” in the present situation there is.

At the same time, he stressed that it is a question of inefficient spending. “I consider it unacceptable primitive sequestration budget – conditional on 5, 10, 15%” – Naryshkin said.

Earlier in January, Finance Minister Anton Siluanov said that with an average oil price of $ 50 per barrel budget revenues in 2015 will fall to 3 trillion rubles.

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