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Sakhalin Oblast Anti-Crisis Measures Program for 2015: Reducing Inefficient Budget Expenditures

Alexander Khoroshavin decided to optimize a number of budget expenditures. He announced this yesterday during his speech at a meeting on the development of anti-crisis measures in the regions of the Far East, chaired by Deputy Prime Minister of the Russian Federation - Plenipotentiary of the President of the Russian Federation in the Far Eastern Federal District Yuri Trutnev.

Details of the regional anti-crisis program were reported by the press office of the Sakhalin Oblast Administration of EastRussia.

“2015 is absolutely clear to us. We will adequately lead the Sakhalin region through it. As for 2016-2017, yes, there will be problems. Therefore, already in 2015 we will reduce ineffective budget expenditures. Now is the time to tighten your belts. It will not be painful for the population of our region, the financial "safety cushion" that we have created in more favorable years will allow us to mitigate the consequences of the negative changes taking place, ”the Governor said.

Alexander Khoroshavin explained the region's plans for the formation of the revenue and expenditure side of the budget this year: “In 2014, the average price of a barrel of oil in the world market was $ 104. Our taxpayers and oil companies operating in the Sakhalin Oblast will make payments to the budget in March and April of this year at the rate of 60-65 rubles per dollar. We will receive very serious additional income, and we will be very careful with them. We will try to effectively place these funds on deposits, earn more money on them, invest them in efficient production that will promote the economy of the Sakhalin Oblast, in serious infrastructure projects. This is very important for us now, ”the head of the region said.

According to him, the real sector of the economy will receive additional support from the authorities in the island region: export-oriented production, local producers, systemically important and socially significant enterprises. Solutions are being worked out that are aimed at minimizing administrative barriers in the sphere of small and medium business and creating favorable conditions for economic activity.

According to the Governor, regional authorities plan to allocate additional funds to support the social sectors of the Sakhalin region in the new economic reality.

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