The savings from the reduction of budget expenditures by 10% will exceed 500 billion rubles

Moscow. January 13. Cost optimization of the Federal budget in 2016, 10% would release more than 500 billion rubles, told journalists the Minister of Finance of the Russian Federation Anton Siluanov.

“More than 500 billion rubles”, – he told, answering a question of the amount of savings resulting from the cost reduction.

Earlier, the Minister said that the Finance Ministry will present its proposals for the adjustment of the budget based on the proposals of ministries and departments, to the end of the first quarter. According to him, if not to bring the budget in line with new realities, will pay for this population, as in 1998.