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Presidential Executive Office2023
Events

Meeting with Accounts Chamber Chairperson Tatyana Golikova

Vladimir Putin met with Accounts Chamber Chairperson Tatyana Golikova to discuss execution of the 2015 budget and the effectiveness of state spending.

February 19, 2016
16:40
The Kremlin, Moscow
With Accounts Chamber Chairperson Tatyana Golikova.
With Accounts Chamber Chairperson Tatyana Golikova.

Ms Golikova Golikova Tatyana Golikova TatyanaDeputy Prime Minister noted that the 2015 budget was executed in difficult circumstances. Amendments and implementation of anti-crisis measures also had an impact on the budget’s execution.

Despite the difficulties, however, budget revenue totalled 13.6 trillion rubles. This was 3.1 percent more than the planned figures set in the budget amendments. Spending came to 15.6 trillion rubles (with 243 billion rubles of planned spending not executed).

The budget deficit came to 1.955 trillion rubles, which is equivalent to 2.4 percent of Russia’s GDP (the forecast figure was 2.9 percent of GDP). The reserve fund decreased slightly: funds came to 3.2 trillion rubles as at January 1. This was due to Reserve Fund money being used to cover the budget deficit.

The National Welfare Fund increased by 19.1 percent and came to 5.2 trillion rubles as at January 1.

Ms Golikova noted too that Russia’s foreign debt posted a substantial decrease: down $4.4 billion from the initial figure of $50 billion.

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  • Budget

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  • Golikova Tatyana

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Published in section: News

Publication date: February 19, 2016, 16:40

Direct link: en.kremlin.ru/d/51366

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Official Website of the President of Russia:

Meeting with Accounts Chamber Chairperson Tatyana Golikova

http://en.kremlin.ru/events/president/news/51366

Last updated at February 19, 2016, 16:46

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