The government summed up the results of the execution of the budget of 2019, the main financial document of the country was executed with a surplus of 1.8% of GDP, mainly the result of the work of the government and FTS on the growth of tax collection, and in the case of social funds — lasting result held in the year 2017, consolidation in the tax administration for social contributions. However, the Finance Ministry had to raise the issue about the insufficient level of execution of budget appropriations at year-end they amounted to 1.1 trillion rubles. Now, due to borrowing and the need for concentration of resources to support the economy and population, the government expects departments making the execution of budget allocations to 100%.On Thursday at session of the government the Ministry of Finance reported on the budget performance for the year 2019. As reported by Prime Minister Mikhail Mishustin, revenues amounted to more than 20 trillion roubles, and expenses — more than 18 trillion So the budget was executed with a surplus of 1.8% of GDP. According to Finance Minister Anton siluanova, it is allowed to actively fill the national welfare Fund (NWF) — as of may 1 it amounted to 12.4 trillion rubles (11% of GDP).These funds are now used to offset a shortfall in oil and gas revenues will be used to Finance plans for economic recovery after a coronavirus pandemic. This time it’s not “oil — luck” – as stated by the Finance Minister, last year the price of Urals crude oil fell below planned in the budget — instead of $70 per barrel to $63,8 per barrel, but even at these rates, costs are not reduced — due to the growth of non-oil revenues. So, their share was over 60% (vs. 52% in 2018). According to Michael mishustina, it is due to a gradual diversification of the economy and improving tax administration. In large measure this is reflected in the annual statistics of social security funds. We will remind, the administration of insurance premiums passed to FNS from the Ministry of labor in 2017 after the completion of the debate between social and financial unit of the government — Minister of Finance Anton Siluanov and head FNS Michael Mishustin has insisted on this for many years, the main argument is the difference between the already negligible tax contributions and the growing debt soplution. The result adopted in 2017 solutions in statistics 2019 looks like this: PFR revenues increased by 2018 511 billion rubles., to 8.8 trillion rubles and exceeded the forecasts of 1.5% (providing almost the entire surplus of 1.7%), said labour Minister Anton Kotkov. Revenues in the FSS, according to the Minister of health of Michael Murashko, exceeded the forecast by 2.3% (the final figure is 770 billion rubles), arrival FFOMS exceeded plan by 1.2%, to 2,12 trillion rubles. However, Min��inu at a meeting of the government now have to pay attention not only on income but on spending. So, the Minister of Finance had to pay attention to the failure of budget allocations — the remains, according to Anton Siluanov, for the last seven years has increased tenfold and by the end of 2019 amounted to 1.1 trillion rubles. Partly Mr. Siluanov explains that the resolution authorities to use the remnants for the same purpose: “This law, unfortunately, is understood by many of our colleagues so that less focus on execution in full of appropriations”.Photo: Gleb Schelkunov, Kommersant the same year, reminded colleagues Anton Siluanov, the Prime Minister instructed to increase the performance of budget allocation to 100%. “We cannot allow such a situation as it was last year, indicators should be fulfilled in full”,— said the Minister, explaining that the implementation of the borrowing. Now about 75 billion rubles are directed to pay interest on loans. Moreover, continued Mr. Siluanov, it is now necessary to concentrate resources on supporting the economy and social sphere, directing them either to the reserve Fund, from which funds are allocated to the packages of support in connection with the epidemic COVID 19, or redistribute them. The struggle for budgetary efficiency in the White house have been doing for many years, however now, apparently, this will be taken more seriously — these measures should be brought to those who have a real need for them, and inefficient and uncontrolled use of resources within the state to discredit the results of years of work to increase the efficiency of the tax system.Yevgeny Kryuchkov, Dmitry Butrin
