The activities of companies with state participation should be made more transparent and accountable, said the Federation Council speaker Valentina Matvienko. She believes that it is necessary to develop clear mechanisms to assess the effectiveness of the asset contribution.
MOSCOW, 27 Jan. Principles of financing state-owned enterprises should be changed, the activities of state-owned companies, some of which are often “freeze” the budget money in the banks, must become more transparent and accountable to the state, said the Federation Council speaker Valentina Matviyenko on Tuesday at a hearing on the budget 2016.
“Special attention deserves the problem of “freezing” of budget funds in accounts of state-owned banks. I think the principles of financing state-owned companies it is time to change. Their activities should become more transparent and accountable,” said the Senator. It is necessary to develop clear mechanisms to assess the effectiveness of property contributions and to bring to companies planning government job, she said.
Thus, according to Matvienko, in the last year by state-owned companies was not used for the purpose of almost 85 billion rubles. This is more than half of all contributions of the state in their authorized capital. “It is widely known, for example, the company “RusHydro”, received in 2012 from the budget of 50 billion rubles, 80% of this amount for several years held in the Deposit accounts of the banks. Even more sad, the Vostochny cosmodrome. It took the intervention of the President to return to the plans on input of objects in operation”, she added.
Much criticism of the quality and efficiency of public programmes, said the MP. “In the first half of this year 6 state programs the level of execution of expenditures ranged from zero to 30%. And 11 sub-programmes not been implemented at all costs. They include, for example, and such an important area as “Development of small and medium enterprises,” said the Senator. “We regularly observe significant amounts of budget funds from one program activities flow to other. It said the lack of validity of the allocated funds”, — said Matvienko.
“I think in today’s conditions it is necessary to make an inventory of all the activities of state programs. To develop clear mechanisms to assess their effectiveness. Funding decisions need to take into account the impact of planned measures on GDP growth and quality of life of the population, the clarity of the final result”, — said Matvienko. Priority should be given to projects whose implementation involves the largest increase in demand for goods and services of domestic enterprises, says the speaker.