Global Analysis from the European Perspective. Preparing for the world of tomorrow

Russia’s budget deficit to fall almost by half in 2018 — PM Medvedev

Russia’s Prime Minister Dmitry Medvedev said the country’s budget deficit will total around 1.5 trillion rubles ($25.4 bln) next year. He said that “revenues are planned at 14.7 trillion rubles ($249 bln), expenditures – at 16.2 trillion rubles ($274 bln), and deficit – at around 1.5 trillion rubles.” According to Medvedev, “the Finance Ministry needs to continue efforts aimed at reducing budget deficit,” as “last year’s budget deficit was 3 trillion rubles.” Source TASS

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