IMF Executive Board decides on $1.8 billion conditional loan for GreeceBusiness & Economy July 21, 3:34
ExxonMobil launches legal challenge to finding it violated US sanctions against RussiaBusiness & Economy July 21, 1:36
Russian Knights aerobatic team to perform at Dubai airshowMilitary & Defense July 20, 21:28
Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
Russian boxer Povetkin reinstated into WBO’s ratings, ranked eighthSport July 20, 18:08
Russia’s Syria campaign spending within current combat training costs — Defense MinistryMilitary & Defense July 20, 17:59
MOSCOW, July 6 (Itar-Tass) —— The Russian government hopes that by 2015 the country will have a zero deficit budget, Prime Minister Dmitry Medvedev said at a meeting of the Cabinet on Friday.
Russia’s budget deficit in 2013 is estimated at 1.5 percent of the GDP, incomes, at 12.3 trillion, and spending, at 13.4 trillion.
“Nevertheless we have the right to expect that by 2015 we shall have a zero deficit budget,” he said. “Of course, in the final count everything will depend on the general situation in the world economy and the situation in our own economy.”