In a pandemic coronavirus COVID-19 the government is considering the abolition of fiscal rules or adjustment of prices of oil in it, said Finance Minister Anton Siluanov. Earlier that the Russian government is discussing possible deviations from the fiscal rules, reported by “Kommersant”.”No cancellation of budgetary rules is now discussed. It is well established as a mechanism to reduce the economy’s dependence on oil prices, Setting the price of oil in the fiscal rules precisely to reconsider is not planned”,— told reporters Mr Siluanov (quoted by TASS).The Finance Minister added that, thanks to the fiscal rule the state now have the opportunity not only to greatly reduce costs but also to provide temporary support to citizens and economy affected by restrictive measures. “It’s not a cancellation can not be a speech”— he make. Recall, according to Kommersant, the government discussed options for the temporary abolition of fiscal rules, involving as consequences of the strengthening of the ruble. The sources said that while none of the options is not approved.Read in the material “Kommersant” “Rule of exceptions”.
Siluanov: the abolition of the temporary fiscal rule is not considered
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