The Russian president delivered a budgetary message

The president set 12 guidelines in the budgetary policy that require "systemic actions", Novye Izvestia writes. These guidelines include a lower state role in economic management, the decentralization of budgetary relations, a higher role of taxes, which are levied from the companies in the oil and gas sector and the funding of all social liabilities. The budgetary message turned out to be modernistic, intended for the mass audience and targeted more at upcoming elections than mapping out concrete ways to solve economic problems, which Russia is facing.

Dmitry Medvedev has made the situation more pressing over the budget in a budgetary message for 2012-2014, the Kommersant believes. The president shouldered again on the government a solution to the main problem - how and who will compensate for lower social payments from 34% to 30%. The government already stated that big business will pay partially for tax benefits.

The budgetary message should theoretically settle the most debated problem in the budget for 2012-2014: where to take the money to cover the Pension Fund deficit, which is growing over Dmitry Medvedev's decision in June 2011 to reduce insurance premiums from 34% to 30% (the ordinary percentage for 2012-2013) and to 20% down (for production and innovative small businesses and non-profit organizations). On June 23, Vladimir Putin acknowledged that the government does not have a solution and decided to give a choice from several variants to Dmitry Medvedev as an initiator of "tax benefits". He has made the choice in the budgetary message on Wednesday.

"We have some sources to compensate for the shortfall in incomes. We can earn some more funds as a result of the federal property management that can be done through the privatization, there are oil and gas revenues, some reserves, finally other sources are probable. The government should decide in what proportion to use these sources in the budgetary process. This is my instruction," Dmitry Medvedev shouldered again all responsibility on the government for his decision.

Presidential aide Arkady Dvorkovich told reporters that the current budgetary message "was not seeking at any revolutions," the RBC daily writes. "It contains absolutely no new ideas, but some priorities and solutions on some issues," he elaborated. Meanwhile, the prime minister confirmed that the government is already working on the main instructions; Kazinform cites Itar-Tass.

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