Seven parties to participate in Syrian talksWorld January 22, 9:54
Russia’s Pavlyuchenkova reaches Australian Open quarterfinalsSport January 22, 7:19
IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
Russian bombers deliver successfully strikes on terrorists' facilities in SyriaWorld January 21, 15:39
Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
MOSCOW, October 5 (Itar-Tass) — Extra revenues will help Russia get a balanced debt-neutral budget in 2011, Prime Minister Vladimir Putin said Wednesday.
"We plan spending 719 billion rubles /USD 1=RUB 32.5/ to cover the budget deficit in full," he said.
He believes that the extra budget revenues will stand at around 800 billion this year and, in addition to this, the measures aimed at saving will hopefully yield another 131 billion rubles.
By chanelling the greater part of extra revenues to cover the budget deficit, the government plans to cut down the amount of borrowings.
"We'll refrain from borrowing some 394 billion rubles in the domestic market and this means the monies will actually remain in the economy now that some problematic things are present in it," Putin said.