
The State Duma at a meeting on Wednesday adopted in the fourth, final reading a draft federal budget for 2005. 337 deputies voted for the adoption of the main financial document of the country, 90 were against and two refrained.
GDP growth in 2005 is predicted at 6.3%. Inflation parameters - 7.5-8.5% with an average export price for Russian oil of $ 28 per barrel and a foreign exchange rate of 30 rubles per dollar.
Budget revenues were determined by 3326 billion rubles (almost 18% of GDP), expenses - 3047.9 billion rubles, based on the predicted volume of gross domestic product in the amount of 18720 billion rubles. Budget surplus - 278.1 billion rubles, or 1.5% of GDP.
According to ITAR-TASS, it is first supposed to spend part of the funds of the stabilization fund. About 90 billion of “stock” rubles is planned to be directed to pay off state external debt, 70 billion to cover the deficit of the Pension Fund, formed as a result of a decrease in a single social tax.
The "anti -terrorist" component of the Basic Financial Law has been increased. The expenses of national defense in the budget-2005 increased by 27.6% and reached 531 billion rubles. An additional 50 billion rubles are allocated for financing law enforcement agencies. The allocation of security, law enforcement and the Anti -Terror program will be seriously increase. In particular, 1.4 billion rubles will be allocated to ensure security in the Moscow Metro.
The budget project also provides for financing the reform on monetization of benefits. In total, it is planned to spend 203 billion rubles, including 173 billion rubles - to replace natural benefits with monetary compensation, as well as 30 billion rubles - for compensation for military personnel of transport expenses.