Russia’s Dmitriev takes gold in sprint at 2017 UCI Track Cycling World Cup in ColombiaSport February 20, 3:40
Lenin Moreno leads after 1st round of presidential election in Ecuador - exit pollsWorld February 20, 2:31
Emelianenko-Mitrione bout postponed due to American’s illnessSport February 19, 4:06
OSCE unable to identify perpetrators of cyber attacks against it - secretary generalWorld February 19, 4:02
Russian biathletes win gold in relay at 2017 IBU World Championships in AustriaSport February 18, 18:30
Putin signs decree on recognition of documents given to Donbass peopleRussian Politics & Diplomacy February 18, 17:26
Sberbank CEO says no repeat of crisis in the short termBusiness & Economy February 18, 17:24
Judging by certain statements at Munich Conference, "cold war" is still not over — LavrovRussian Politics & Diplomacy February 18, 15:19
Bout’s lawyers will challenge Court of Appeals’ decision in Supreme Court on February 21Russian Politics & Diplomacy February 18, 7:16
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.