Medvedev: privatization will help balance the budget

Medvedev: privatization will help balance the budget


About it Dmitry Medvedev said after the meeting with the Russian President. He also said that the meeting with the Cabinet of Ministers planned to discuss the whole situation in 2016.

MOSCOW, 1 Feb. The Russian Prime Minister Dmitry Medvedev after meeting with Russian President said at a meeting with Ministers that privatisation provides a target for the budget balance.

“Dear colleagues, with some of those present just what the President has talked about privatization, including also aims to balance the Federal budget,” Medvedev said.

He added that the meeting with the Cabinet of Ministers planned to discuss the whole situation in 2016. According to the Prime Minister, it is necessary to find a balanced solution to ensure macroeconomic stability and the fulfillment of social obligations.

Medvedev added that he had invited to this meeting not only the Deputy Prime Ministers, but also Ministers, heads of agencies voiced concrete proposals on how to optimize the expenditure part of the budget and how to increase revenues.