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Yabloko welcomes the cutback in expenditures on “lobbyist items” in the federal budget for 2002

Samotlor-Express, August 29, 2001

The Yabloko faction of the State Duma welcomes the reduction in financing for so-called “lobbyist items” in the draft budget for 2002, declared the First Deputy Head of the Yabloko faction Sergei Ivanenko on Monday August 27, 2001.

He also said that one of the positive aspects of the draft budget concern the reduction in financing for “lobbyist items”, in particular agriculture, industry and investment programmes.

Ivanenko also explained that these items implied, as a rule, the financing of investment projects; and, according to the Yabloko faction, such expenditures are very difficult to control. Ivanenko also thinks that it would be better to increase expenditures on wages to budget workers, as well as on the servicing of Russia’s foreign debt.

Ivanenko also noted that the Yabloko faction supported in general an increase in the financing of socially-oriented items of the budget, namely, the 60% increase in wages to budget workers and expenditures on education.

Ivanenko also said that the creation of a stabilisation fund represents another positive aspect of the draft budget for next year. He also added that about 50% out of the total 126 bln roubles of the budget surplus would be allotted to this fund, which will service Russia’s foreign debt.

At the same time Ivanenko also stressed that the mechanism for using and replenishing of this fund “requires further development”. According to Yabloko, the control over expenditures and replenishment of this fund should be clearly stated in the draft budget for 2002.

See also:

Budget for 2002

Samotlor-Express, August 29, 2001

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