Second round of parliamentary election to be held in Lithuania on SundayWorld October 23, 2:49
Russian Duma delegation to take part in BRICS forum, IPU Assembly in GenevaRussian Politics & Diplomacy October 23, 2:11
Ceasefire in Syria violated 44 times in 24 hours — Russian reconciliation centerWorld October 23, 1:36
Russian national delegation would be more effective at US election — expertRussian Politics & Diplomacy October 23, 1:09
Russia looks to produce Zika vaccine in Nicaragua — health ministerSociety & Culture October 23, 0:20
Russian diplomat calls to compare death tolls in Iraq under Hussein vs under US ruleRussian Politics & Diplomacy October 22, 21:00
US-led coalition delivers air strike on civilian procession in Iraq — Defense ministryWorld October 22, 18:45
Gazprom supplies to Europe reach record-breaking 590 mln cubic meters on FridayBusiness & Economy October 22, 18:24
Minsk protests against Ukraine's forced return to Kiev of Belavia planeWorld October 22, 14:05
Medvedev chaired a government meeting on Thursday to discuss the federal budget parameters and state program financing until 2017.
“This scenario (of Russia’s social and economic development) unfortunately envisages a general economic deterioration and slower economic growth this year. Then, the growth is expected to accelerate gradually to 2% next year and to over 3% in 2017,” Medvedev said.The 2015-2017 federal budget will set aside over 2.7 trillion rubles ($78 billion) for the payment of wages and salaries, the premier said, adding the government’s social obligations were a priority in the forthcoming budget period.
More than a half of federal budget funds are spent through the mechanism of state programs. In 2015, the government intends to implement 46 targeted state programs to the amount of over 1 trillion rubles (about $30 billion) in budget financing, the premier said.
The same budget financing principle will now be used by regional and local governments, including Russia’s two new constituent entities - the Republic of Crimea and the city of Sevastopol, the premier said.