Golikova said improving the efficiency of expenditure of budgetary funds

© RIA Novosti / Evgeny to Betemporary in fotoreceptor the accounts chamber of the Russian Federation Tatyana Golikova. Archival photoGolikova said improving the efficiency of expenditure of budgetary funds© RIA Novosti / Evgeny to Betemporary the image Bank

The head of audit chamber of the Russian Federation Tatyana Golikova said improving the efficiency of budget spending.

«I have to say that here (in the field of efficiency of expenses and improvement of revenue administration — ed.) there is a positive change, maybe they are not and are not as comprehensive as we would like», — Golikova said in an interview with TV channel «Russia 24».

Golikova has reminded that following the results of check the audit chamber of execution of the budget 2014, the President of the Russian Federation in August 2015 instructed to improve the efficiency of revenues and expenditures budget.

«The government has taken a number of measures, there was in the order of about 16 points, 11 points are still in control. Sensitive enough and, probably, the most capacious from the point of view of inefficiency, which was then announced, is the use of funds for investments in the broadest sense of the word (the volume of unfinished construction, the effectiveness of the implementation of the Federal targeted investment programme), and of course, the global efficiency costs, that is, the development of those volumes that go into the economy as public funds», — Golikova said, noting that in these two areas, efforts have not yet succeeded.

She recalled that was put in place in the Treasury support of government contracts, but it is not yet fully earned. Speaking about the investment, she added that by the end of 2016, the cash execution of expenses of the FTIP amounted to 90,8% — the lowest percentage since 2008.

Source