Russian Federation Government approves a draft federal budget for 2014-2016
At its meeting, the Government of Russia approved a draft federal budget for 2014 - 2016. According to forecasts by the Ministry of Finance, in 2014, the federal budget deficit could reach RUR 373.1 billion. Projections for 2015 indicate that the figure will be 1% of GDP (RUR 826.3 billion). In 2016 the budget deficit may reach RUR 485.7 billion, or 0.6% of GDP. These figures are as reported by NEWSru.com.
At its meeting, the Government of Russia approved a draft federal budget for 2014 - 2016. According to forecasts by the Ministry of Finance, in 2014, the federal budget deficit could reach RUR 373.1 billion. Projections for 2015 indicate that the figure will be 1% of GDP (RUR 826.3 billion). In 2016 the budget deficit may reach RUR 485.7 billion, or 0.6% of GDP. These figures are as reported by NEWSru.com.
