Austin Sun Oct 02, 2016 8:56 am
The Ministry of Finance has predicted revenues for the next three years
Office creates budget for the 2017-2019 years, starting from the zero balance of the reserve fund every three years means.
According to the preliminary parameters of the budget for 2016, the country's expenditures will amount to 16.4 trillion rubles, revenues - 13.37 trillion rubles, the deficit will be 3.7% of GDP. Budget expenditures in the years 2017-2019 are frozen at the level of 15.78 trillion rubles. It is planned that in 2017 revenues will amount to 13.03 trillion rubles, in 2018 - 13.77 trillion rubles, in 2019 - 14.64 trillion rubles.
The parameters of the budget authority lays negative figures on the volume of foreign loans - a minus 40 billion rubles in 2017 and minus 129 billion rubles in 2018. Thus, the net funds raised by the external debt will be less than the maintenance costs of the current debt. It is planned that the parameters for external borrowing in 2019 will be back in positive values, and the amount to 20 billion rubles.
In addition, the federal budget revenues from privatization in the next three-year laid down in the amount of billion rubles per year. This year, revenues for this article amount to 382 billion rubles.
In addition, the rate of state companies to pay dividends in the amount of 50% of the profits will provide the budget in 2017 269 billion rubles, in 2018 - 274 billion rubles, in 2019 - 288 billion.
According to the presentation, the Ministry of Finance extends until 2019 inclusive measure to raise the severance tax on gas, the use of this year. This will bring in a budget of 170 billion rubles a year.
In 2017, the increase in excise duties on petroleum products will bring to the budget 50 billion rubles, in 2018 - 75 billion rubles, in 2019 - 90 billion rubles.
Also, the Ministry of Finance is planning in the next three years to index the excise tax on tobacco by 10%, which will replenish the budget a total of 243 billion rubles.
In the presentation the Finance Ministry said that the funds of the RF Reserve Fund will be exhausted as early as 2017. At the same time the balance of the National Welfare Fund, excluding funds deposited in financial assets in 2017 will amount to 2.07 trillion rubles, in 2018 - 914 billion rubles, in 2019 the remainder of liquid assets amount to 500 billion rubles.