Lawmaker Yuri Vasiliev has persuaded the State Duma of the need of anti-crisis ease of the budget discipline under the supervision of the special parliamentary commission.
Photo: Dmitry Dukhanin
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Govt Authorized to Spend by Parliament’s Approbation
The State Duma has sanctioned the government to vary the amount of state spending in 2009 without any bills passed to amend the Budget Act. The essence of the compromise of Finance Ministry and The State Duma is that the anti-crisis 6 trillion ruble will be transferred within the federal budget after being approved by the special commission of 14 senators and State Duma members.
The State Duma passed in the third reading Friday the amendments to budget of 2009 through 2011 aimed at executing the government’s right to spend in 2009 as much as 175 billion ruble via VEB to sustain the stock market of Russia.
Regardless, the amendments to the Budget Code that were passed in the third reading as well appear even of greater significance. The government has been authorized to shift the main costs from one to another item of three-year budget by approbation of a special parliamentary commission but without any amendments to the Budget Act.
“Given the conditions of the current and 2009 years, at all levels of administration – the federal, regional and local ones – it might be objectively necessary to expediently decide on the concentration of budget resources for solving urgent issues,” State Duma’s Budget Commission Chairman Yuri Vasiliev backed up the Finance Ministry on behalf of the lower house of Russia’s parliament. So, the Friday decision of The State Duma was to authorize the government (rather than the Finance Ministry) to shift money between the departments within the three-year budget provided a special commission of the parliament sanctions such transfer.
But new procedures won’t survive for long. Similar to using the Reserve Fund, the better part of amendments will be in force till the start of 2010 and only some portion of them will last till the end of 2012.
www.kommersant.com
All the Article in Russian as of Nov. 05, 2008
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