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The Budget 2016: extra sequestration on a scheduled basis

14.01.2016

Forecasted by the Council of Federation in advance risks can help the Russian government promptly adjust the budget 2016. The loss of the Russian state treasury from the drop in oil prices could reach 1.6 trillion rubles.  

Russian Finance Minister Anton Siluanov confirmed that the government is preparing a reduction of budget expenditures by 10%. What will happen to the Russian budget? This question was answered by deputies and senators of the Russian Federation.