MOSCOW, October 24 (RIA Novosti) – Russian Finance Minister Anton Siluanov has suggested developing an alternative financial budget for 2015-2017 in case of an unfavorable situation in the economy.
“We believe that we now need to prepare our budget in order to have a so-called alternative variant. If external conditions in the future are as complex as they are today, then we need to have an alternative variant where we could reject some expenditures or other obligations,” Siluanov said during a session in Russia’s lower house of parliament, the State Duma.
“The budget cannot have the same constant expenditures that were created during a different economic situation. We must always have a [different] variant if these times continue into the future,” he added.
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