Tatarstan Prime Minister takes part in parliament proceedings on budget of the Republic of Tatarstan for 2015 and planned period of 2016-2017

On October 16, Tatarstan Prime Minister Ildar Khalikov, who took part in parliament proceedings on budget of the Republic of Tatarstan for 2015 and planned period of 2016-2017, said that the budget for 2015 should be approved in its draft form as of today.

Addressing deputies of Tatarstan State Council, Ildar Khalikov noted that the draft budget of the republic has been drawn up based on parameters that significantly differ from current indicators. The draft budget for 2015 was planned according to a price of 100 US dollars per barrel and 37 roubles per dollar. The actual figures for today are less than 84 US dollars per barrel, and almost 41 roubles per dollar, respectively. However, Tatarstan Prime Minister noted that the main financial law must be accepted as soon as possible to ensure fiscal discipline and timely implementation of the budget.

"We need to approve the budget in its draft form as of today. All its main parameters have been confirmed by our major taxpayers. There are and will be different scenarios. I do not rule out that we will have to go back to some issues, but no sooner than next year,” Ildar Khalikov said.