Medvedev: the share of budget revenue from oil dropped from 70% to 45%, it is a positive fact


Roller COASTER, on 5 February. Prime Minister of Russia Dmitry Medvedev instructed the Minister of Finance Anton Siluanov to return a large company in the Treasury, at least under state contracts.

“Yesterday came to me by the Minister of Finance. He said that one large company wants to avoid working through the Federal Treasury, this is an outrage. I couldn’t disagree with it. Instructed just to get them back into the Federal Treasury. At least on the part of the contract,” Medvedev said at a meeting with candidates for the Supreme and General councils of United Russia.

About the sources of authority

The authority of Russia should be based on economic and intellectual advantage, not only for defense, said the Prime Minister.

“Of course, we must build a strong country, which is correctly perceived in the international arena, followed by you believe in that authority. Moreover, this authority must be based on our economic and intellectual advantage, not just our defense capabilities, although they have not weak,” – said Medvedev.

The Prime Minister noted that Russia is not going to reduce their opportunities in the field of defense. “In this regard, we must work with the international community, although the starting positions were set for our country at the time of formation of the United Nations still, in my opinion, quite good, and especially because a huge number of countries all the time we are pushing that, let’s reform the UN Charter, it is supposedly unfair and so on,” Medvedev said.

According to him, Russia has “a slightly different” point of view. “We believe that this Charter reflects the realities of the postwar world order and it cannot be broken,” – said the head of government.

Income from oil exports

Medvedev said that the share of Federal revenues from oil and gas decreased from 70 to 45 percent.

“We are gradually achieved (structural changes in the economy). More recently, we have revenue from hydrocarbons accounted for approximately 70 percent of the revenues of the state budget. We are specifically sitting on this needle. Then there was about 55 percent now to 45”, – Medvedev said.

He noted that more than half of budget revenues – the revenues are not from oil. “Do we stand without it is able to feed himself. Before fed, when oil was not to our export commodity. We must change and we must use this situation. I urge all of you,” said the Prime Minister.

Russia should use low oil prices to change the structure of the economy, recovery to previous levels will only lead to the fact that the authorities again will relax, said Medvedev.

“These are the challenges we now face, if they weren’t, they would have probably come up with”, he said. “Of course, now low oil prices are in principle interfere”, – the Premier said. “But, on the other hand, I when with my government colleagues are going, we can honestly tell you, I tell them: if the prices for oil now will grow back to its previous level – in humans it is not always a strong will to oppose economic factors own beliefs – that would be the price is 140 (dollars per barrel), then everything will calm down”, – said Medvedev.

According to him, people will act according to the principle “let well alone”. “You’re all right all ready, you can re-funds to form the various” – gave an example of such relationship is it. “And so will be, believe me! If tomorrow will be such a leap, three times-four – all. Therefore, this difficult moment is necessary to use and really change the structure of the economy,” Medvedev said.

The Prime Minister noted that the meaning of the import substitution policy is to produce products and goods that compete in international markets. “This is an import substitution”, – said the head of government.

About agriculture

Prime Minister of Russia admitted that he often has to “adjust” his subordinates, so they quickly fulfilled the order.

Speaking about the development of agriculture, Medvedev said that “subsidies (to farmers) of power worked and will work”. However, he admitted that the increase of subsidies to farmers problems arise: “how Long these subsidies are deploying long they go to farmers, to agricultural producers.”

“To be honest, I keep pushing in various places of his colleagues, just faster is all twisted considering the fact that the agricultural business – seasonal”, – said the Prime Minister. According to him, “can any other money be sent on 31 December, but in the village it is wrong to send”. “We have periodically on the heads to give that slow work”, – stated the head of the Cabinet of Ministers.