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RIA Novosti

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Russia's budget deficit at $24 bln in 1H09 - finance ministry

14:18 10/07/2009

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MOSCOW, July 10 (RIA Novosti) - Russia's Finance Ministry estimated on Friday that the country's budget deficit had increased to 753.6 billion rubles ($23.6 bln) in June from 510.7 billion rubles ($16 bln) in January.

Federal budget revenues stood at 3.2 trillion rubles ($99 bln) with budget expenditure amounting to 3.9 trillion rubles ($123 bln) in the first half of 2009.

The Federal Tax Service provided the bulk of budget income - 1.37 trillion rubles ($43 bln), tax revenue reached 1.3 trillion rubles ($41 bln), and the Federal Property Management contributed 12.3 billion rubles ($384 mln) in the reporting period.

Russia's budget deficit in January-June accounted for 4.2% of GDP.

 

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RIA NovostiRussia's budget deficit at $24 bln in 1H09 - finance ministry

14:18 10/07/2009 Russia's Finance Ministry estimated on Friday that the country's budget deficit had increased to 753.6 billion rubles ($23.6 bln) in June from 510.7 billion rubles ($16 bln) in January.>>

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