Siluanov considers excessive level of redistribution of resources in the economy of the Russian Federation

24 November 2015, Tuesday

Russian Finance Minister Anton Siluanov called excessive level of redistribution of resources in the Russian economy through the budget system, which is 40% of GDP.

"What we need to solve the problem - it is a high level of public expenditure. I believe that 40% of GDP, which we redistribute through the budget - it is a very high level of redistribution," - said Siluanov, speaking at the Financial University under the Government of the Russian Federation.

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