First Deputy Chairman of the State Control Committee Ivan Romanovich took part in the St. Petersburg International Economic Forum
Ivan Romanovich, First Deputy Chairman of the State Control Committee, took part in the XIX St. Petersburg International Economic Forum (SPIEF), which was held on 18-20 June 2015 in St. Petersburg.
In the framework of the Forum Ivan Romanovich took part in a special panel session "The multiplicative effect of budgetary expenditures on the economy: Priorities, internal resources and control".
During the panel session Russian and foreign experts, heads and representatives of supreme audit institutions of Belarus, Armenia, Kazakhstan, Iran, China, Malaysia, Serbia, as well as representatives of control and audit bodies of the Russian Federation discussed the results and prospects of state support for the economy, the development of program-targeted methods of budgetary planning and other actual issues.
Participants of the panel session noted that given the slowdown in economic growth, state financial monitoring and audit authorities have greater influence on choosing priority spending areas and identifying internal government reserves.
The St. Petersburg International Economic Forum is a leading international economic and business forum held annually in Russia. It was founded in 1997 and since 2006, it has been held under the auspices of the President of the Russian Federation.
Over the last years the Forum has transformed into a leading global business event, attracting more than 7 000 Russian and international participants, representing government and business leaders from around the world, leading experts of science, media and civil society.
The participants of the Forum discuss the most important issues of our time, such as the political challenges, economic and social impact of the global crisis, the unstable recovery of global economy, changes in the balance of forces in the world and new technological possibilities.