Rus News Journal

The government of Moscow has developed the anti-recessionary program

the Government of Moscow has prepared the special program on a case of sharp deterioration of an economic situation. It was declared on December, 3rd by chairman Moskomzajma Sergey Pahomov.
the Serious anti-recessionary scenario in a city is, it is worked - Sergey Pahomov has noted. In particular, as he said, the Moscow authorities create own safety pillows from budgetary funds which will not be mastered in the fourth quarter 2008, and also at the expense of reduction of investment programs. Mister Pahomov has informed that the city authorities will reduce the program of loans to 2009 twice - to 55 mlrd rbl. Besides, next year Moskomzajm will place papers with shorter term of the reference - from one till two years in first half of year and if the positive tendency, term from three till five years is outlined.

Sergey Pahomov considers that sharp falling of incomes of the budget, as it " can become the heaviest scenario for Moscow in 2009; dependence on oil and gas sector is great and makes 40 - 44 % . At the same time, as informs ITAR - TASS, mister Pahomov has not excluded that the building complex of capital, on the contrary, will win from crisis. In its opinion, from - for falling of the prices for building materials and building services the city can keep high volumes of capital construction at smaller expenses.