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Putin demands tighter budget implementation discipline

January 15, 2014, 20:50 updated at: January 15, 2014, 20:56 UTC+3 15
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NOVO-OGARYOVO, January 15 (Itar-Tass) - Russian President Vladimir Putin on Wednesday demanded that government ministries and departments improve discipline when implementing the budget.

“I know that the [Finance] Ministry worked very hard to draft the budget in due time and with due quality, but we also know well other aspects: either financing starts rather late, or ministries and departments drag their feet, to put it mildly, in implementing the plans they had fought for and defended during complicated discussions,” Putin said.

“Then it turns out that they are ready for real work only sometime in the second half of the year, or even in October-November,” the Russian president said at a meeting with cabinet ministers. “We need to put an end to this practice.”

Putin proposed hearing a report by Finance Minister Anton Siluanov on preparations for implementation of the budget for 2014-2016, and a report by Economic Development Minister Alexei Ulyukayev on measures to increase the efficiency of budget investment.

"This is not a cure-all, but we have 6-7 trillion rubles [$180-210 billion] [of budget investment], which considerably affects the economy,” he said.

“With account for the fact that we are switching over to a new type of work in that sphere - the Federal Acquisition System, I would like to hear today how the ministry is ready to implement it,” Putin said.

The Federal Acquisition (Contracting) System is a new administrative, institutional and technological platform for the promotion of good governance and integrity in public procurement. It replaced the old state procurement mechanism from January 1, 2014.

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