The state Duma will consider in the first reading the draft budget for the 2019-2021 years

© RIA Novosti / Vladimir Astapkovich in photobacteria of the state Duma of the Russian Federation. Archival photoThe state Duma will consider in the first reading the draft budget for the 2019-2021 years© RIA Novosti / Vladimir Astapkovich the image Bank

The state Duma on Wednesday will consider in the first reading the draft Federal budget for the 2019-2021 years, made by the Russian government.

The budget for the coming three years is built on the basis of the tasks set by the President of the Russian Federation in the may decree, explained earlier the first Vice-Premier – Minister of Finance Anton Siluanov. We are talking about economic growth above the world average, and the increase in life expectancy, real income, labour productivity, the change in the quality of services in health, education, social sphere, he said.

Special attention in the years 2019-2021 will be paid to social issues. Will be implemented in new national projects in this area, primarily concerning issues of demography and health. For these purposes in the coming three years will be directed more than 2 trillion rubles, said the head of the Finance Ministry the previous week at a meeting of the budget Committee of the state Duma.

More than a trillion rubles in the period of 6 years will be spent on upgrading the cancer center and «cardiovascular institutions, and medical institutions,» promised the President. According to him, in the next 6 years, high-quality image will improve the education system, in particular, the aim is to enter the top 10 countries on the quality of General education.

The task is to make an affordable mortgage, «landmark — 8% interest rate on mortgage loans,» said Siluanov. Another goal is to ensure the resettlement of people from dilapidated housing. Plans to resettle more than 9.5 million people out of dilapidated housing, for these purposes will be spent over 100 billion rubles, said first Deputy Prime Minister. The draft budget, he said, takes into account the objectives of the national projects, which are defined by presidential decree to improve the situation of the environment, improvement of the urban environment. For 6 years it is planned to put in order more than 450 Russian cities, the Minister said.

Budget revenues of the Russian Federation in 2019 is expected to be 19,969 trillion rubles, expenses — 18,037 trillion rubles, respectively surplus 1,932 trillion rubles, or 1.8% of GDP. When preparing the budget the Cabinet proceeded from a forecast of GDP 105,82 trillion rubles, inflation not higher than 4.3 percent. By 2020, revenues are budgeted in the amount of 20,219 trillion rubles, expenses — 18,994 trillion roubles, the surplus — 1,224 trillion rubles (1.1% of GDP). In 2021 the expected income 20,978 trillion rubles, expenses 20,026 trillion rubles and, accordingly, a surplus of 952 billion rubles (0.8% of GDP). GDP for these years is projected in the volume of 110,732 and 118,409 trillion rubles, inflation not higher than 3.8% and 4%.

The state Duma will consider in the first reading the draft budgets of the Pension Fund of the Russian Federation, Federal compulsory medical insurance Fund, social insurance Fund of the Russian Federation in 2019-2021 years.

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