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
“As far as investment is concerned, we should focus on building nearly complete projects and thereby prevent the all-out mothballing of unfinished construction projects.”
“We must prioritise wage payments to public sector workers, fulfil other social commitments stipulated by federal legislation, finance employment and business support programmes and must also continue to implement high-priority national projects, bearing in mind that they considerably facilitate domestic demand.”
“We must also prevent the budgetary system from becoming a source of non-payments in the economy, contrary to the way it had, unfortunately, happened in the past. Consequently, we must guarantee 100% payments for fuel and energy resources and municipal-utilities services for state and municipal agencies.”
“Since January, constituent entity budgets receive all gasoline excise tax and will receive an additional 0.5% of profit tax. In all, the regions will receive an extra 100 billion roubles in revenues.”
“Let me also inform you that financial assistance to regions will increase by another 300 billion roubles in line with federal budget changes. This implies 150 billion roubles' worth of subsidies for balancing regional budgets and additional budgetary loans for a period of up to three years. I would like to remind you that such resources were, until now, allocated for a period of 12 months, and that another 150 billion roubles' worth of additional resources will be set aside.”
“We stipulate more lenient terms as regards the level of co-financing expenses for receiving federal subsidies. Notably, 95% of regional employment facilitation programmes will be financed out of the federal budget, and the rest from constituent entities' own revenues.”
“We have added another 300 billion roubles to the new version of the federal budget: 150 billion will be spend on direct subsidies to the regions, and the other 150 billion will be issued as loans on favourable terms.”
“Due to the global financial and economic crisis, Russia's regions and municipalities will, unfortunately, receive much smaller revenues this year. As you know, there will also be substantial shortfalls in revenue at the federal level. First of all, we will receive smaller regional profit-tax proceeds. Other tax proceeds, including severance-tax proceeds, will also be reduced.”
“Regional employment programmes. I issued instructions to develop such programmes early in the year. I am aware that this work has been completed in 72 regions. They will get 21.8 billion roubles in funding, out of the total 43.7 billion. Fifteen programmes have been approved and 3 of them have already been signed. They are Yaroslavl, the Kirov Region, and Kransoyarsk.”
“As you know, the federal budget has entirely funded ambulance and school bus programmes as national priorities, though they legally belong to municipal affairs. I deem it necessary to help cities with modernising other municipal transport-passenger and special. I have given necessary instructions to the Economic Development, Regional Development, and Finance ministries.”
