Putin will meet with the Cabinet to discuss a number of topical issues

Putin will meet with the Cabinet to discuss a number of topical issues

The Russian President will discuss with the government economic situation with falling oil prices, and the development of a national system of vocational qualifications.

MOSCOW, 13 Dec –. Russian President Vladimir Putin on Wednesday will hold a meeting with members of the government, where it is planned to discuss a number of topical issues.

This meeting, which will be the first in 2016, will take place against the background of falling world prices for oil in 30 dollars for barrel. The Federal budget of the Russian Federation for the current year based on the estimation of the average value of “black gold” at $ 50.

Far from current market quotes and is incorporated in the main financial document of the country the average annual dollar exchange rate to 63.3 per ruble after oil, the Russian currency in January, beating the record: on Tuesday, the dollar jumped above 77 rubles, having updated a maximum since December 2014.

Economy and savings

The press service of the Kremlin in its announcement did not specify whether among the topical issues to be discussed and the budget situation. However, according to the head of the budget Committee of the Federation Council Sergey Ryabukhin, the Ministry of Finance and other relevant agencies are already preparing a proposal to adjust the budget due to falling oil prices. The Senator expects that the government will submit to Parliament amendments to the budget-not in the spring of 2016, as it usually happens, and in the near future.

“In order to fully expend the Reserve Fund, to make more sustainable the country budget, probably, should reduce costs,” said Ryabukhin.

Earlier media reported that the Federal Executive authorities is prepared by January 15 of the proposal to reduce budget spending by at least 10%. According to the media, because the cuts will not affect public regulatory obligations, and public sector wages and military salaries, as a result, saving the Treasury may be about 700 billion rubles.

The current law on the Federal budget of the Russian Federation for 2016 provides for income 13,738 trillion rubles, expenses — 16,099 trillion rubles. We got the deficiency in a 2.36 trillion rubles, which corresponded to 3% of GDP.

This is the mark of Putin repeatedly specified as the upper limit of the possible Federal budget deficit by 2016, including within the framework of the speech with the annual address to the Parliament in December last year. The head of state then indicated that this limit is not an end in itself but an essential condition for macroeconomic stability of the country.

However in December, at a large press conference, Putin called the forecast average annual oil prices at $ 50 per barrel is too optimistic and said that you might need to adjust the budget in 2016.

Russia conducts internal and external economic policy on the background of Western economic sanctions, limited access to external capital markets, the significant weakening of the ruble and historically low world prices for oil – its main export commodity. Oil and gas revenues account for just under half of all Federal revenues. In particular, in 2016 their share is expected in 44%.

What will be the new official forecast of the Russian authorities on the price of oil is still unknown. Responsible for the formation of the Ministry of economic development is keeping mum. However, the Minister of Finance Anton Siluanov slightly lifted the veil of “mystery oil”.

“We have to be ready for any developments of the situation around oil prices… However, our estimates for next year amount to about $ 40 per barrel in the evaluation of budget revenues. So at 40 dollars a barrel there is an understanding of how we should act,” the Minister said at the end of December.

Question in the qualification

The main topic of the meeting of Putin with government members on Wednesday, according to the press service of the Kremlin, will be the development of a national system of vocational qualifications.

The President instructed the government to create a basic centre of professional training, retraining and advanced training of workers.

The scope of activities of the center include organization of training, advanced training and professional retraining of teachers on the most promising and popular professions and specialties in secondary vocational education on the basis of the best domestic and international practices and techniques of personnel training.

In 2016 it is planned to organize training, refresher training and professional retraining of 700 teachers in 50 most popular and promising professions.

According to Deputy Prime Minister Olga Golodets, in 2016 year, there were already 800 professional standards.