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Russia’s federal budget surplus to be 0.5% of GDP in 2018, Putin says

The federal budget deficit declined to 1.5%, according to Putin

VIENNA, June 5. /TASS/. The federal budget surplus will be 0.5% of GDP in 2018, Russian President Vladimir Putin said on Tuesday at a meeting with the Austrian business community.

"Owing to a fairly responsible budget policy, the federal budget deficit declined to 1.5%. The surplus of 0.5% will be achieved this year," the head of state said.

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