Rustam Minnikhanov takes part in meeting on developing inter-budget relations and balance of consolidated budgets of regions located in Volga Federal District

On December 13 Presidential Envoy in Volga Federal District Mikhail Babich, Russian Minister of Finance Anton Siluanov, Tatarstan President Rustam Minnikhanov, heads of regions located in Volga Federal District, representatives of federal ministries took part in a meeting on developing inter-budget relations and balance of consolidated budgets of regions located in Volga Federal District at Korston in Kazan.

Issues related to execution of May orders of Russian President, inter-budget relations and balance of consolidated budgets of regions located in Volga Federal District were discussed at the meeting. Measures taken by executive authorities of regions of Volga Federal District to provide stability of budgets and optimize debt load, topical issues related to execution of budgets of regions of Volga Federal District, budgeting for 2014, and planning period for 2015-2016 were also considered.

Opening the meeting, Presidential Envoy in Volga Federal District Mikhail Babich said that “execution of May orders of Russian President is one of the main tasks in budgetary process.”

According to Mikhail Babich, it is important to discuss approaches for the next fiscal year and execution forecasts for 2015-2016 years.

Russian Minister of Finance Anton Siluanov, in his turn, said that meetings on results of execution of orders of Russian President and provision of funds are held with governors and regional ministries of finance. He reminded that such meetings are aimed at analyzing resources for filling the budgets and regional reserve funds to allocate them for priority purposes. It is important to get feedback from regions to know what measures to take at the federal level, concluded Anton Siluanov.