The Federation Council is ready to establish connection to the adjustment of the budget

The Federation Council is ready to establish connection to the adjustment of the budget


The situation with oil prices unstable and depends on the geopolitical situation, however, the government is ready to respond quickly to “call today”, said the Deputy Chairman of the economic Committee of the Federation Council Sergey Shatirov.

MOSCOW, 17 Dec. The Federation Council is ready to engage in legislative work, including the adjustment of the budget in 2016 because of the falling oil prices, however, believe that the government still calculates all possible, including negative scenarios and prepare for them.

“The Federation Council, relevant committees eager to join, if necessary, to the appropriate legislative work… in reconsideration of the budget if necessary”, — said the Deputy Chairman of the Federation Council Committee on economic policy Sergey Shatirov.

The Russian President Vladimir Putin on Thursday at a press conference called the forecast average annual oil prices at $ 50 per barrel is too optimistic, and said that you might need to adjust the country’s budget.

Shatirov noted that currently the oil price and the budget-2016 do not depend on Russia and its economy, and “the geopolitical situation in the world.”

“Unfortunately, the volume of production (oil) oil to the world markets are regulated by geopoliti political conditions and considerations,” — said the Senator. Therefore, says Satarov, no one Agency and no expert can predict with a guarantee of energy prices.

“Therefore, the police of the Russian President is absolutely correct. The government has a different development scenarios, including negative. And the Finance Ministry is ready to respond quickly to the challenges of today”, — said Deputy Chairman of the economic Committee of the Federation Council.