The government has submitted a project about the transfers budget

The government has submitted a project about the transfers budget


The document proposes to allocate the budget surpluses at the beginning of 2016 to increase the volume of budgetary appropriations on support of branches of economy, social support of citizens, budgets of regions and of refugees.

MOSCOW, 10 Oct. The government of the Russian Federation submitted to the state Duma a bill that creates a legal possibility in 2016 balances of the Federal budget and revenues from management of Reserve Fund and national welfare Fund, according to the database of the lower house of Parliament.

For this purpose it is proposed to suspend certain provisions of the Budget code.

In particular, the document proposes to allocate the budget surpluses at the beginning of 2016 to increase budget allocations for the next year to support sectors of the economy, social support of citizens, budgets of regions and of refugees in the amount of up to 150 billion rubles.

In addition, the document provides a direction to increase budgetary appropriations for granting of subsidies that “have a purpose, which provision was carried out in 2015 in the amount required for payment of monetary obligations of recipients of funds of the budget of a constituent entity of the Russian Federation, within the unused limit amounts of budgetary obligations”.

The bill also gives the possibility of channelling funds to increase appropriations for national defense, the exploration and use of outer space and law enforcement activities within the remaining budget funds reserved for these purposes in 2015.

Also allowed the government to make decisions about the use of these Fund balances budget and funds returned subsidy of such changes to the consolidated budget sheet.