Budget changes were discussed at “The Obnovlenie” faction meeting

The spring-summer session of the Supreme Council is coming to finish. Today, the final, tenth session of “The Obnovlenie” (Renewal) faction was held on the eve of the plenary session.

Chairman of the Economic Policy Committee Oleg Vasilaty informed his colleagues that yesterday at the committee meeting the main issue, discussion of which lasted 6 hours, were amendments to the law "On the republican budget for 2020". Changes to the main financial document had to be made in connection with a decrease in the budget revenue. In particular, this was due to the high costs of a set of measures to prevent the spread of coronavirus infection.

There were not found compromise solutions on some proposals of the Government on changes to the budget of this year, in the course of the meeting of the profile committee. Questions about the financing of the Investment Agency and the use of funds from the mutual fund remained unresolved. In addition, the committee rejected the government's amendment to cut funding for the agro-industrial complex. This is a program to restore the reclamation industry.

Yesterday the Government received an amendment from the government to change the timing of submission to the Supreme Council of the law-in-draft on the budget for next year. The Government proposed to postpone this date to November 1. The amendment was rejected by the committee.

At the end of the meeting, Chairman of the Obnovlenie parliamentary faction Petr Pasat thanked the faction members for their active participation in the meetings. The work took place in new conditions this year. Sometimes it was necessary to hold meetings on an emergency basis. Petr Pasat emphasized that the faction has fulfilled its task for this session.