"The lump sum payments announced by the president will be financed from additional non-oil and gas revenues ... The use of additional non-oil and gas revenues for the current year's expenses is part of the configuration of the budget rule and is an integral prerequisite for the mid-term forecast of the Bank of Russia," the press service of the regulator quoted TASS as saying.
It is noted that this volume of expenditures, its impact on aggregate demand and the level of sustained inflationary pressures in general have already been taken into account in the July forecast of the Bank of Russia.
Earlier, the head of the State Duma Committee on Budget and Taxes, Andrei Makarov, said that one-time payments to pensioners and military personnel, the need for which was announced by Russian President Vladimir Putin, can be financed from additional budget revenues.