The government on 23 October submitted to the state Duma the draft budget for 2016. On Friday, the budget Committee of the Federation Council intends to give an opinion on the document.
MOSCOW, 26 Jan. The Federation Council on 16 December intends to review the law on the Federal budget for 2016, said Monday at a meeting of the Federation Council Committee on budget and fenningham its Chairman Sergei Ryabukhin.
“Schedule of examination 16 December we need at the plenary session of the Federation Council to accept the budget act of 2016”, — said the Senator.
The draft budget for next year was submitted to the state Duma on 23 October. The income 13,738 trillion rubles, expenses — 16,098 trillion rubles. The budget deficit will be at 2.36 trillion rubles, or 3% of GDP. The document for the following year drawn up on the basis of the inflation rate not exceeding 6.4 per cent.
On Friday, the budget Committee of the Federation Council plans to give an opinion on the draft budget for 2016.