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The Law "On the Federal Budget for 2015 Year and the Planning Period of 2016 and 2017 Years" has been adopted, taking into account all political realities

Yesterday the State Duma adopted the law "On the federal budget for 2015 and for the planning period of 2016 and 2017". 301 deputies voted for the adoption of the document, 143 were against, there were no abstentions.

The law provides for the approval of the main characteristics of the federal budget for the next three years, which takes into account the accession of the Crimea, the possible consequences of Western sanctions and tax maneuver.

The main budget indicators for the 2015 year are calculated based on the projected GDP of 77,5 trillion rubles and the inflation rate 5,5%, for 2016 year - 83,21 trillion rubles and 4,5%, respectively, for 2017 - 90,06 trillion rubles and 4%.

The federal budget is formed taking into account budgetary rules, allowing to lower dependence of execution of account obligations from change of the world prices for power resources. At the same time, it is possible to transfer funds from the Reserve Fund in the amount of up to 500 billion rubles to replace incomes that are not received during the execution of the federal budget and state borrowings.

Since the additional oil and gas revenues of the budget in 2015-2017 are planned to be used to replace government bonds, the growth of the Reserve Fund in this period will be provided only through foreign exchange gains.

Income to the budget will grow by almost 20% per year

The federal budget revenues from 15,1 trillion rubles (19,5% of GDP) in 2015 increase to 15,8 trillion rubles (19% of GDP) in 2016 and 16,55 trillion rubles (18,4% of GDP) in 2017, and expenditures from 15,5 trillion rubles (20% GDP) to 16,3 trillion rubles (19,6% of GDP) and 17,1 trillion rubles (19% of GDP), respectively.

The budget deficit for three years will be at the level of 0,6% of GDP, and its main sources of financing will be government borrowing and proceeds from privatization.

In the internal and external markets in 2015, it is planned to attract 1,28 trillion rubles, of which 70% will go to pay off the state debt of the Russian Federation, 2016 trillion rubles and 1,09% in 52, respectively, 2017 trillion rubles and 1,23% in 40.

As a result, the "net" attraction of funds in domestic and foreign markets in 2015 will amount to 396,5 billion rubles, in 2016 - 522,1 billion rubles, in 2017 - 701 billion rubles.

Despite the increase in state borrowings, the debt burden on the federal budget in 2015-2017 will remain within the limits allowing timely and full implementation of obligations under the national debt of the Russian Federation, and its size will remain at the level of less than 15% of GDP in this period. Proceeds from the privatization of federal property are projected in 2015 year at the level of 158,5 billion rubles, in 2016 year - 99,9 billion rubles.

In 2015, 139,3 billion rubles are allocated for the implementation of priority national projects, state programs - 12,3 trillion rubles, federal target programs - 1,1 trillion rubles, for innovation development and economic modernization - 2,3 trillion rubles.

In the federal budget is reserved 60 billion rubles, which, according to the decisions of the government of the Russian Federation, can be directed to support the economic sectors, social support of citizens and provision of humanitarian assistance to the population of foreign countries.

The state guarantees program provides for 30 billion rubles to secure loans issued in the framework of project financing. Regional budgets may be given budget loans for a total of up to 150 billion rubles, which is 70 billion rubles more than in the current year.

FSS Budget

At the same time, the State Duma on Friday adopted the law "On the budget of the Social Insurance Fund of the Russian Federation for 2015 and for the planning period of 2016 and 2017."

The law provides for the approval of the main characteristics of the budget of the Social Insurance Fund of the Russian Federation (FSS) for the next three years.

At 2015 year, the fund's revenues are approved in the amount of 538,66 billion rubles, expenses - 594,08 billion rubles; for 2016 year - 625 billion rubles and 622,59 billion rubles, respectively; for 2017 year - 680,24 billion rubles and 661,45 billion rubles. The fund's budget is formed with a deficit for 2015 year and a surplus in 2016 and 2017.

"The specificity of 2015 is that from our balances we return 55 billion rubles to the federal budget, which are not insurance money," said Andrei Kigim, chairman of the FSS earlier. These funds, he said, were provided by the Ministry of Finance to balance the fund's budget.

Expenses of the FSS for compulsory social insurance in case of temporary incapacity for work and in connection with maternity in 2015 will amount to 471,2 billion rubles, 2016 year - 504,3 billion rubles, in 2017 year - 536,2 billion rubles.

The fund's expenses for the payment of temporary disability allowance are planned for 2015 year in the amount of 196,996 billion rubles, for 2016 year - 214,194 billion rubles, for 2017 year - 231,521 billion rubles, for maternity - 106,889 billion rubles, 114,137 billion rubles and 120,945 billion rubles , respectively.

Expenditures for monthly insurance payments are provided for 2015 year in the amount of 51,32 billion rubles, for 2016 year - 55,24 billion rubles, for 2017 year - 59,18 billion rubles. And the cost of shipping and transfer of insurance benefits is determined for 2015 year in the amount of 243,6 million rubles, for 2016 year - 244,7 million rubles, for 2017 year - 243,4 million rubles.

Budget of the pension fund

The State Duma also adopted the law "On the budget of the Pension Fund of the Russian Federation for 2015 and for the planning period of 2016 and 2017".

Head of the Accounts Chamber of the Russian Federation Tatyana Golikova

Golikova: increase of insurance premiums for small businesses did not bring benefits to the budget of the FIU

The law provides for the approval of the main characteristics of the budget of the Pension Fund of the Russian Federation (FIU) for the next three years. At 2015 year, the fund's revenues are approved in the amount of 6,995 trillion rubles (9% of GDP), expenditures - 7,618 trillion rubles (9,9% of GDP); for 2016 year - 7,895 trillion rubles and 7,802 trillion rubles, respectively; for 2017 year - 8,372 trillion rubles and 8,203 trillion rubles. The fund's budget is formed with a deficit for 2015 year and a surplus in 2016-2017.

Total costs for the delivery of pensions and other social payments, including VAT, will amount to 2015 billion in 44,2, 2016 billion in 47,1, and 2017 billion rubles in 49,9. The average annual size of the insurance pension will increase from 11,97 thousand rubles in 2015 to 13,293 rubles in 2017 year, old-age insurance pension - from 12,422 thousand to 13,817 thousand rubles, social pension - from 8,255 thousand to 9,346 thousand rubles.

The budget of the FIU takes into account the direction in 2015 of the insurance premiums intended to finance the funded pension, to finance the insurance part of the pension, as well as the costs of paying pensions and benefits in the Crimea.

The total amount of intergovernmental transfers of the FIU from the federal budget in 2015 will be 2,75 trillion rubles, in 2016 year - 3,32 trillion rubles, in 2017 year - 3,37 trillion rubles.

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