“The Chief Administrators of Budgetary Funds (GRBS) have eliminated violations in the financial statements for 445.6 billion rubles.

The corrections were made before the completion of the budget audits of the Accounting Chamber, ”the joint venture said in a statement.

The department checked the reporting of 94 GRBS, following which the Accounts Chamber identified the best practices of budget funds managers in managing public finances.

The FCS and the Federal Treasury performed the budget in the best way.

The head of the Accounts Chamber of Russia, Alexei Kudrin, previously told how the Russian economy can "mature".

According to Kudrin, the country needs to reduce the public sector for the period of post-crisis development.