The Russian government intends to balance the state budget, abandoning the indexation of salaries to officials next year and reducing arms programs by 5%. The head of the Ministry of Finance Anton Siluanov told about it.
- Without optimization and cutbacks, we would not have reached general balanced principles of budgetary policy in 2022. As they say, they collected a thread from all measures to balance the budget, - quotes his words to RBC.
The government approved the draft three-year budget
It is expected that its deficit will amount to 2.4% of GDP in 2021 and about 1% of GDP from 2022, and the volume of borrowings will be increased by 875 billion rubles compared to previous plans.
It is planned to optimize by 10% "unprotected" items of expenditure in the budget and reduce appropriations by 927 billion rubles in 2021, by 970 billion in 2022 and about 900 billion in 2023.
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