The Russian government will discuss amendments to the budget for 2016

The Russian government will discuss amendments to the budget for 2016


MOSCOW, 11 Nov. Prime Minister Dmitry Medvedev on Wednesday will hold a meeting on which will discuss the government amendment to the second reading of the draft law on the Federal budget for 2016, is spoken in the message of the Cabinet.

In meeting will take part the first Deputy Prime Minister Igor Shuvalov, Deputy Prime Minister Sergei Prikhodko, Olga Golodets, Arkady Dvorkovich, Dmitry Kozak, Yuri Trutnev, and Alexander Khloponin, the Russian presidential aide Andrei Belousov, Finance Minister Anton Siluanov, economic development Minister Alexei Ulyukayev.

Revenues in the draft budget for next year is planned at the level of 13,738 trillion rubles, expenses — 16,098 trillion rubles. The budget deficit will be at 2.36 trillion rubles, or 3% of GDP. The main financial document for next year drawn up on the basis of the inflation rate not exceeding 6.4 per cent.

Currently the draft law on the Federal budget for 2016 is being prepared for the first reading in the state Duma. On Wednesday the specialized committees will take the conclusion about the bill, and on Friday at the plenary session it will be considered in the first reading.