Realizing the Economic Potential of Russia
Panel Session

The foremost deliverable of a national budget is meeting the needs of society, while reflecting national priorities and state policy. Effective budgetary expenditure is an essential component of implementing economic policy. How can priorities in state expenditure be adjusted through monitoring the effectiveness of the allocation of budgetary funds? How effective have the development institutions that have been recipients of state funding been? What should be the key role of the highest financial oversight authorities in the budgetary processes today: effective oversight, risk-related governance, or appraisal of the efficiency of managerial decision-making? What can be learned from the auditing practice of international institutions?

Andrey Makarov , Chairman of the Committee on Budget and Taxes, The State Duma of the Federal Assembly of the Russian Federation

Alexander Brechalov , Co-Chairman, All-Russia People's Front; Secretary, Civic Chamber of the Russian Federation
Chrystalla Georghadji , Governor, Central Bank of Cyprus
Tatyana Golikova , Chairwoman, Accounts Chamber of the Russian Federation
Andrei Klepach , Deputy Chairman (Chief Economist), Member of the Board, Bank for Development and Foreign Economic Affairs (Vnesheconombank)
Anton Siluanov , Finance Minister of the Russian Federation
Valery Fedorov , Director General, Russian Public Opinion Research Center (VCIOM)

Yaroslav Kuzminov , Rector, National Research University Higher School of Economics
Vladimir Mau , Rector, Russian Presidential Academy of National Economy and Public Administration (RANEPA)
Juan Manuel Portal , Auditor General, Superior Audit Office of the United Mexican States
Raffaele Squitieri , President, Auditor General of the Italian Republic
Valery Fadeev , General Director, Expert Media Holding; Editor-in-Chief, Expert magazine
Jiwang Zhao , Director General, National Audit Office of the People's Republic of China


Key moments

Our common goal is to ensure the recovery of growth rates for the Russian budget, and on this basis to enhance the welfare of our citizens.
Anton Siluanov
Earlier, the budget deficit was financed from the reserve fund, and in the future we will have to gradually enter the market of domestic lending.
Anton Siluanov