26 июля 2007 Года
July 26, 2007. RUSSIAN PRESIDENT SIGNS DEBUT 3-YEAR BUDGET
 MOSCOW, July 26 (RIA Novosti) - Russian President Vladimir Putin signed Thursday the country's first three-year budget, seen as a transition to longer-term financial planning, and designed to streamline finances and expenditure.
In 2008, revenues are set at 6.6 trillion rubles (9 billion), or 19% of GDP, and expenditure at 6.6 trillion rubles (9 billion), 18.8% of GDP. The budget surplus is expected at 74.1 billion rubles (.9), or 0.2% of GDP.
In 2009, the revenue and spending are planned at 7.5 trillion rubles (1 billion) and 7.4 trillion rubles (0 billion) respectively. And in 2010, both figures are expected at over 8 trillion rubles (5 billion).
GDP growth in 2008-2010 is forecast in the budget at 6-6.2% per year. In 2008, GDP will be 35 trillion rubles (.4 trillion), 39.7 trillion rubles (.5 trillion) in 2009, and will reach 44.8 trillion rubles (.7 trillion) in 2010, according to the budget.
Inflation is expected to fall from 6-7% in 2008 to 5.5-6.5% in 2009, and 5-6% in 2010. The average dollar rate is forecast at 25.9 rubles per dollar in 2008, 26.2 rubles in 2009 and 26.8 in 2010.
The Reserve Fund - from next year part of the Stabilization Fund cushioning the federal budget in the event of an oil price plunge - will amount to 3.5 trillion rubles (6.3 billion) in 2008, 3.9 trillion rubles (4.6 billion) in 2009, and 4.5 trillion rubles (4.5 billion) in 2010, the budget says.
On national defense in the next three years, the state will allocate 509.1 billion rubles (.8 billion), 566.7 billion rubles (. billion) and 596.1 billion rubles (.2 billion) respectively. Security bodies will receive 521.8 billion rubles (.3 billion), 642.6 billion rubles ( billion), 693.5 billion rubles ( billion).
Funding for education in 2008-2010 is envisioned at 306.7 billion rubles (.9 billion), 313.6 billion rubles (.2 billion), and 339.8 billion rubles (.2 billion). Healthcare and sports will receive 211.6 billion rubles (.2 billion), 245.2 billion rubles (.5 billion), and 295.3 billion rubles (.5 billion) in the next three years respectively.
The budget envisions a rise in the minimal wage from 2,300 rubles () per month to the official subsistence level, which currently stands at 5,120 rubles (0) per capita, by early 2011, and the use of Stabilization Fund money to offset the pension fund deficit. Average pensions are expected to increase to 5,105 rubles (about 0) by 2010, 1.7 fold on the current levels.
From RIA Novosti
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