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Russia may cut budget expenditures — Federation Council head

January 28, 2015, 12:10 UTC+3 MOSCOW
There are still a lot of inefficient expenditures, Federation Council Speaker Valentina Matviyenko said
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Russian Federation Council Speaker Valentina Matviyenko

Russian Federation Council Speaker Valentina Matviyenko

© TASS/Ilya Pitalev

MOSCOW, January 28. /TASS/. The Russian authorities may amend the 2015 budget and cut budget spending, Federation Council Speaker Valentina Matviyenko said on Wednesday.

"It is not ruled out that amendments will have to be made to the 2015 federal budget and this is not a drama or a tragedy as some try to present it," she told the upper house’s first plenary spring session this year.

There are still a lot of inefficient expenditures, she said. "There are a lot of expenditures, which we can do without during this complex year of 2015," she said.

The expected budget cuts "should not in any way affect the fulfillment of social obligations in full," the Federation Council speaker said. "The state has enough possibilities to resolve this task, which has been set by the president," she said.

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