Kudrin sees no reason for easing budget rules

© RIA Novosti / Grigory to Sysoeva in fotobelka Kudrin. Archival photoKudrin sees no reason for easing budget rules© RIA Novosti / Grigory to Sysoeva the image Bank

The Federal budget for the next three years, which the government introduced on Friday in the state Duma, realistic and reliable, but the fiscal rule can be mitigated, the head of the Council of the Foundation center for strategic research, the ex-Finance Minister Alexei Kudrin.

«The budget is realistic and reliable. There is even no questions. Of course, it leads to further consolidation of the budgetary system from the point of view that there are risks of preservation of low income at low oil prices. On the one hand», — Kudrin said reporters.

«On the other hand, I believe that the budget rule adopted, which responds to the price cut prices of oil to $ 40, too hard, and I have already expressed my opinion… I think it may be $ 45, and this difference will give you an additional 450 billion rubles to the budget system. I think it can be done even softer… In the medium and long term, I think, 45 dollars for fiscal rules would be quite reasonable. And we will, I hope, will see in 2-3 years,» he continued.

«Now the budget is realistic. All that is inherent to realistic. He with the margin of safety made. I was just talking about what could be softer», — concluded the speaker.

The government on Friday submitted to the state Duma the draft medium-term Federal budget generated budget rule limiting spending of additional oil and gas revenues. In fact, the budgetary policy of the Russian Federation in February of the current year is carried out in accordance with the transitional provisions of the budgetary rules: the additional oil and gas revenues in 2017 when the price of oil above $ 40 per barrel, the Finance Ministry forwards to purchase foreign currency and the following year enrolled in the national welfare Fund. Next year the Finance Ministry will continue this policy.

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