Комитет по экономической политике, бюджету и финансам

Draft Resolution of the Supreme Council “On consideration of the estimates of income and expenditure of the central bank PMR 2015 and the order of distribution of central bank profits, remaining at the disposal of the central bank” was adopted by the deputies. The information provided by Pridnestrovian Republican Bank said that next year its revenues decrease by 22% and will be more than 107 million rubles. In the current year, the amount is about 131 million. Financial result of activity in 2015 is planned in the form of a profit of about 18 million rubles, which is 21 million (54%) less than the planned figure in 2014.

Having considered the estimates of revenue and expenditure of the central bank in 2015, the Supreme Council approved a proposal to send 90% of the profits of the PRB to the national budget, as well as the procedure for distribution of remaining at its disposal 10% of the profits, one half - to fund industrial and social development, the second - the reserve fund.

Parliamentarians considered editorial profitable part of the income and expense pro forma proposed by profile parliamentary committee. Due to the large state of budget deficit for 2015 and the necessity to find additional sources for its coverage it was offered in the present version of the draft budget PRB increase revenue from participation in the capital of credit institutions and other organizations, as well as from foreign currency transactions.

  The amendments concerned expenses of the bank. Deputies proposed to reduce them in order to implement the chosen course on the savings of all authorities and public institutions in terms of their financing costs.

Members of the parliamentary committee on economic policy continued to discuss the draft budget in the course of the next meeting.

Deputies considered the proposal for inclusion in the estimate of the volume of PRB capital investments. Head of the Legal Support of PRB Inna Goleva deputies noticed that the draft budget for the following year shall be prepared in accordance with the law “On the Central Bank of PMR”. She noted that, according to Article 12 of the Law, the approval of the volume of the expenses to the employees, the volume of capital investments and other administrative expenses of the central bank is the responsibility of the Board of the bank (the Central Bank collegiate authority). Basing on this the official representative considered the proposed amendment of the profile parliamentary committee contrary to the provisions of the current law.

Despite the opinion of opponents, a majority of votes of the members of the Committee on Economic Policy supported its position. It is up to deputies to take decision on this matter.