The same Ministry of Finance, which still represents a department with personnel from "acting", offered to cut the expenditure part of the program "Social Policy", brought windfall profits forecasts for the current year. Given the fact, What's on 2018 year budgeted price of Urals oil is 43,8 dollars per barrel at the real price of oil of the same brand around 71 dollar, delineated influx windfall. Recall, that during the week, Brent crude oil price rises by the 78 dollars per barrel.
Forecast of the Ministry of Finance as follows: the volume of additional revenues will be more than five (!) times higher, than originally expected: 2,7 trillion rubles instead 527 billion. Nearly two trillion increase based on the raised oil prices and general federal revenues: 17,03 trillion instead 15,2 trillion. This is to ensure, where the government “start looking” 8 trillion rubles for the execution of the May “superukaza” President.
But here it is necessary to take into account an important factor: the budget law for the current year laid the so-called fiscal rule. very tricky. It says about, that additional oil and gas revenues will be directed not to the federal budget for the implementation of subsequent expenditure, and reserve funds.
In this way, State money to only one sale of oil and gas gets huge, but to spend this money for any urgent needs at the moment is not going to. Classical works Kudrino scheme, which is aimed at filling the reserves of "safety cushion" of the Russian economy. In fairness, it should be noted, what in 2014-2016 years - at the peak of the economic problems – this is the pillow worked properly.
An important question is, whether the state is going to look for the "golden mean" between the filling of reserve funds and the realization of the same social programs. Or is it in the first place Kudrino main rule - to earn money and hoard them for a rainy day, forgetting, that the economy requires an investment for the normal development of the here and now…
