Russia’s Finance Minister Anton Siluanov and head of audit chamber Tatyana Golikova during the discussion at the St. Petersburg international economic forum (SPIEF) argued about the presence and role of money for economic growth in Russia. On Thursday, June 16, reports TASS.
Siluanov said that the Finance of the country lacks. “The lack of big money will spur us on those reforms effective budget spending, which had just been postponed”, he said.
Golikova has expressed the opposite point of view. “The money the country has no effective institutions for the management of this money,” she says. In her opinion, the available funds could effectively invest in economic growth.
“With money anyone can, you try to make money,” — said in turn the President. He also added that perhaps the government will become more efficient than before, “when we were in a relaxed state”.
Previously, on 16 June Siluanov said that the imbalance of the budget of Russia it is necessary to reduce to zero within three years and fully adapt it to new conditions. The strategic objective of the government is to bring economic growth to a higher level world, the official said.
SPIEF is held annually since 1997. Since 2005 takes part in it, the President of Russia. The event is positioned as one of the main economic discussion platforms of the country, where, in addition to Russian participants, representatives of leading international companies and expert community. This year the forum will be held on June 16-18 under the motto “On the threshold of a new economic reality.”
