RIA Novosti

Russia's 2010 budget could be based on 1% GDP growth

08:54 09/07/2009

Russia's 2010 budget could be drawn up on the basis of GDP growth of 1%, Russian Finance Minister Alexei Kudrin said on Thursday.

ULAN-UDE, July 9 (RIA Novosti) - Russia's 2010 budget could be drawn up on the basis of GDP growth of 1%, Russian Finance Minister Alexei Kudrin said on Thursday.

"Russia's draft 2010 budget could be based on a 1% GDP growth forecast," Kudrin said.

The Finance Ministry had previously said the 2010 budget was likely to be based on zero GDP growth.

 

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