Date: 5 months ago   Category: Economy

The government has introduced to the State Duma bills on improvement of system of the interbudgetary relations — Rambler News Service


Photo: Grigory of Sysoyev/RIA Novosti the Government of the Russian Federation has submitted for consideration in the State Duma two bills directed to improvement of the operating system of the interbudgetary relations the press service of the Cabinet of Ministers has reported. The first document provides reduction of the extreme extent of deficiency of regional budgets from 15% to 10%. The purpose of the document is ensuring the budgetary stability of the Russian subjects and maintenance of stable level of a debt load of regional budgets. It is offered to distribute the interbudgetary transfers according to the federal law on the federal budget and the relevant regulations adopted by the government. The document also enters a concept of a uniform subvention to regional budgets from the federal budget and the possibility of granting "horizontal" subsidies between regions is provided. The second document, besides a possibility of granting "horizontal" subsidies, provides a possibility of granting to regional budgets of the interbudgetary transfers and grants which purpose is alignment of fiscal capacity of municipal units. Bills have been approved at a meeting of the Government on October 4 then are brought in the State Duma by the Ministry of Finance.

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