Matvienko has proposed to assist regions with expenditure obligations

© Photo : press service of Spreadsheeting of the Federation Council Valentina Matvienko. Archive photoMatvienko has proposed to assist regions with expenditure obligations© Photo : press service of SF

All the spending obligations of regional budgets, under the law, should be provided additional funding, said the Federation Council speaker Valentina Matvienko at the hearings on the draft budget 2019.

In the discussion document, a number of heads of regions of the Russian Federation has complained that they have additional expenditure commitments for which funding is not provided.

«Let’s finish making practices at the Federal level, decisions relating to regional budgets», — said Matvienko.

She stressed that given the Federal structure of the state Council of the Federation will make sure that no Federal law was not accepted without additional financing of regional budgets.

Referring to the first Vice Prime Minister — Minister of Finance Anton Siluanov, the speaker stressed that every year as Federal budgets getting better, more optimistic. Speaking about the upcoming budget for 2019, the Senator noted that the document «has the emphasis on the implementation of national projects».

Source