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Home International Customs

Russia’s federal budget deficit shrinks nearly six-fold over 9 months

byCT Report
09/10/2017
in International Customs
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MOSCOW: Deficit of the Russian federal budget in January-September 2017 amounted to 268.13 bln rubles ($4.59 bln), which is nearly six times less than the indicator for the same period last year – 1.58 trillion rubles ($27.09 bln), according to the Russian Federal Treasury.

In particular, budget expenditures for October 1 amounted to 11.238 trillion rubles ($192.57 bln), revenues – 10.970 trillion rubles ($187.98 bln). The largest expenditures were recorded under the articles “social policy” (3.812 trillion rubles – $65.32 bln), “national defense” (1.847 trillion rubles – $31.65 bln) and “national economy” (1.440 trillion rubles – $24.67 bln).

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