Wednesday, June 1, 2011

Recipes from the mayor

In the published forecast of the socio-economic development in 2009 MAYOR several basic measures for the protection of the crisis. Firstly, this tariff decisions - a slowdown in prices and tariffs for goods and services of natural monopolies and companies infrastructure sectors, which will limit price increases for utilities to the population and rising costs of energy-intensive (gas capacity) plants. MAYOR experts provides smoother than planned, raising gas prices in 2009: 5% from January 1, 7% from April 1, 7% from 1 July, 6.2% from October 1. Also, in their opinion, should reduce the average annual growth of regulated tariffs for railway transportation in 2009 to 12,4%. Earlier, the proposed 18.7%). Also, the report stresses the importance of maintaining liquidity in the banking sector and its market capitalization. Resources directed at maintaining liquidity in the banking sector (subordinated loans, unsecured auctions, cleanup of banks) by end 2009 will reach 4.7 trillion. rubles, or 11,2-11,5% of GDP, according to the document. In addition, the mayor believes appropriate support for the housing sector. Supposed to buy economy-class housing for social programs, support of construction companies, capitalization AHML assistance to borrowers who lost their jobs, support the demand by increasing tax deductions for income tax of individuals, creating opportunities for using mother's capital to improve housing conditions. The document also refers to the granting of state guarantees (up to 300 billion rubles), an increase of subsidies on the export of industrial products, agricultural loans to companies, defense companies. Particular attention should be given extra support for small business (the State budget - 10.5 billion rubles and EBV - 30 billion), experts are convinced the Ministry of Economic Development.

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