The government will monitor the expenditures of state companies

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Photo: Alexey Sukhorukov / RIA Novosti

The government will tighten control over capital expenditures of the network companies and will claim their investment programmes, reports owned by the family Demyan Kudryavtsev, the newspaper “Vedomosti”, citing its own sources.

The decision to prepare a bill incorporating such an order, made at the meeting with Prime Minister Dmitry Medvedev. After that will be determined by means of calculating dividends for state companies. The methodology developed in the Ministry of economic development.

At the moment, the government only determines the investment program of Russian Railways and Russian grids, but it sets tariffs and other state-owned companies. For example, for pumping gas to Gazprom of oil “Transneft”, transmission “Russian grids”.

Energy Minister Alexander Novak last fall advocated that the government should not only determine the tariffs, but also to decide how many state-owned companies to spend on investment and dividends. It is expected that this year’s dividend from state-owned companies will bring to the government 590 billion in 2020 — 626 billion, and in 2021 675 billion.

The investment program of “Gazprom” in the past year reached 1.5 trillion rubles, this year it is planned to invest 1,326 trillion rubles in 2020 and 2021 — and 1,065 1,251 trillion rubles, respectively. The investment program of Russian Railways last year amounted to 550 billion rubles, “Russian grids” — 240 billion.

Earlier, in December 2018, Finance Minister and first Deputy Prime Minister Dmitry Medvedev instructed the Russian state-owned companies go to the “predominant use” of the domestic software by 2022.

Video, photo All from Russia.

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