VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN
“We plan to increase federal budget allocations to healthcare. We will allocate 500 billion roubles for this purpose in 2012, which is nearly 7% more than this year. <…> We will also continue to increase maternity capital. We will index it, just as we planned to do when we first introduced this allowance. Maternity capital currently stands at 365,700 roubles; it will be increased to 430,000 in 2014. <…> In 2012, we will double subsidies to regions for the support of preschool education to 2 billion roubles. Furthermore, we plan to issue a 8-billion-rouble loan to Russian regions for the further development and modernisation of childcare establishments.”
“We are getting additional opportunities for resolving long-term strategic objectives. In this sense, the submitted budget is a development budget designed to stimulate quality growth and modernise the economy. At the same time, this is a socially-oriented budget with a direct emphasis on improving living standards and implementing large-scale programmes in demography, healthcare, education and pensions. Needless to say, these issues remain at the top of our list of social priorities.”
“Russia continues to see growth across all key industries. By 2012, we should fully offset the effects of the crisis. <…> We will need to adopt our first genuinely post-crisis budget and shift our focus to long-term goals.”
“The 2012 budget should provide for drastic increases in payments to servicemen and the implementation of a national armament programme. Let me reiterate: budget funding should invariably reach specific enterprises of this sphere in full and in due time. Please monitor these issues at all times.”
“When we make provisions for such major spending, it’s important to follow a stringent and responsible budget policy. We cannot stray from our course on compensating for the budget shortfall. We should strive to keep a balance of revenue and expenses.”
“Budget investment should not be based on cost estimates, like it was in previous decades, in accordance with a very simple and primitive logic and formula whereby every year we must spend more than in the previous year. Budget outlays must be matched by real improvements. The people must feel it in their daily life when they deal with government institutions.”
“As part of the new budget structure, we must set priorities more clearly, focus on key projects for social, economic, scientific, and technological development, and ensure the fulfillment of our programmes in national security and defence.”
“The government will approve the terms and parameters of social and economic development for 2012 – 2014 and the guidelines of tax and customs policy no later than late April or early May. In June, we will have to decide on the key aspects of the federal budget, including volumes of revenues and expenses and limits on the budget deficit. The budget must be submitted to the State Duma no later than October 1. We will be drafting the main financial statement as transparently as possible, as we always do. We will attract deputies of the State Duma and members of the Federation Council to this work.”
“Over the next few years, we'll need to resolve the problem of the federal budget deficit. This must be done by 2015, or even earlier if possible. We also need to increase the return on each rouble we provide. And we have adopted a programme to increase the effectiveness of public spending. In 2012 we will adopt new principles for drafting the federal budget on the basis of long-term state programmes.”
“As you know, the GDP will be 50.4 trillion roubles and the level of inflation is expected to be 6.5%. We think the budget deficit will be about 3.6% next year. Budget revenues will amount to 8.8 trillion roubles and expenses to 10.7 trillion roubles. We would really like to stay within these parameters and avoid increasing the budget deficit. It is a very important indicator that points to the stability of our economy. In this respect, we stand out from many of the so-called developed market economies of the world. There is no doubt that this is a self-made competitive advantage for us.”
