Anton Siluanov quotes:

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  • At 50$ per barrel of oil we shall lose about three trillion rubles of budget income

  • We have to define our top priority pending expenditures; these are, first and foremost, our social expenditures, and we have to cut on expenditures that we cannot currently afford. This is the very least we should do in 2015

  • Budget for 2015 provides for 11.7% expenditures growth

  • One needs to redistribute and restructure expenditures in favour of infrastructure, education and so on. Such military expenditures are heavy to carry.

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