The budget surplus will be 74.1 billion rubles ($2.9 billion), or 0.2% of GDP, in 2008, 14.2 billion rubles ($552.74 million), or 0.04% of GDP, in 2009, and zero in 2010.
Federal budget revenues will be 6,644.4 billion rubles ($258.64 billion), or 19% of GDP, in 2008. Budget expenditure will amount to 6,570.3 billion rubles ($255.75 billion), or 18.8% of GDP.
In 2009, federal budget revenues will stand at 7,465.4 billion rubles ($290.6 billion), or 5.9% of GDP, and budget expenditure will be 7,451.2 billion rubles ($290.04 billion), or 18.8% of GDP.
Budget revenues and expenditure will stand at an equal level of 8,089.9 billion rubles ($314.9 billion), or 18.1% of GDP, in 2010.
The draft budget is based on an average forecast price of Urals oil of $53 per barrel in 2008, $52 in 2009 and $50 in 2010, with the GDP growth forecast at 6.1%, 6% and 6.2% and inflation at 6-7%, 5.5%-6.5% and 5-6%, respectively.
Net foreign capital inflow into the private sector could reach $30 billion in 2008, $35 billion in 2009 and $45 billion in 2010.
International reserves will grow slower between $48.3 billion and $71.3 billion in 2009, $23.6 billion and $51.5 billion in 2009, and $14.4 billion and $25.5 billion in 2010, depending on the foreign market situation.
In 2008, fixed capital investment will grow 11.9% in 2008, real disposable money income will be up 9.1% and exports will rise to $343.8 billion, with a foreign trade surplus of $55 billion.
The draft budget for the next three years should be submitted to the State Duma (parliament's lower house) April 30.
