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State Duma Defense Committee upholds 2017-2019 draft budget

MOSCOW, November 1. /TASS/. The State Duma (lower house of parliament) Defense Committee has upheld the 2017-2019 draft federal budget to be presented to the Duma members in the first reading, Committee Chairman Vladimir Shamanov said after the meeting.

"We have assessed the budget parameters, listened to a report by a deputy finance minister and decided to recommend that the Duma members approve the draft budget in the first reading," Shamanov stated.

The Committee for Budget and Taxes serves as the main State Duma committee as far as the budget is concerned but most of the house committees are designated joint executors and draw up reports on administering budget provisions for their fields of activity.