State Duma Committee on Economic Policy approved the 2013-2015 draft budget

8 October 2012, Monday
State Duma Committee on Economic Policy, Entrepreneurship and Innovation Development gave a positive opinion on the draft law on the federal budget for 2013 and the period of 2014 and 2015. The project was submitted to the lower house of the Russian parliament on September 28.
The Committee concludes that the budget system dependence on the external economic environment continues to be a major problem. Uncertainty about the hydrocarbons market price poses serious threat to the financial stability of the state and economic growth in general.
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