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How the government will eliminate budget deficit?

by usanews

In the future, the country’s leadership plans to significantly reduce the budget deficit, as well as increase its revenue by about 900 trillion. rubles. The government allows the next three years to implement this task.

The other day, the State Duma will be considered by the bill, through which amendments will be made to the budget indicators of this year. The validity of this document will also apply to budgets for the next two years.

So, according to the latest adjusted forecasts, during 2012 the cost of this barrel of oil of the Yurals brand will increase to a mark of $ 115 against the early $ 100 provided. This will entail GDP growth from 58.683 trillion rubles to 60.590 trillion rubles. In such circumstances, the indicator of the revenue of the budget will increase and amount to 12, 677 trillion rubles, which is 898 billion rubles more than it was planned before recalculation. According to the latest data, the volume of income from the sale of oil and gas should increase by 810 billion rubles, and the remaining revenues will increase by about 88 billion rubles.

In addition, the government expects that the profitability of the budget should increase taxes from industrial production, which recently the state has provided significant assistance in the work and development. Plus everything, the law on raising excise taxes was doubled, which will also contribute to a significant replenishment of the treasury. As for expenses, in the subsequent three -year period, their volume will be increased by 89 billion rubles and amount to 12.745 trillion rubles.

At the same time, experts believe that this increase will not affect the existing budget deficit, on the contrary, following the bill, it should decrease by about 800 billion rubles. The authorities plan to spend free funds in the amount of 43.4 billion rubles on the purchase of housing for participants in the Second World War and military personnel, on the issuance of compensation to citizens of the Chechen Republic who lost housing. About 21 billion rubles will be aimed at the technological re -equipment of the whole list of production. Another 15.6 billion rubles will be allocated for raising salaries for police officers and the fire department in Moscow and the Moscow Region.

However, according to a number of economists, funds must be spent in other areas, such as the development of infrastructure, improving social conditions and providing a worthy subsistence minimum for each resident of the country. Analysts believe that the budget has funds for performing these tasks, especially since the main part of the money spent will return back with the help of trade, tax system, etc. D.

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