Currency converter
^
All news
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Russia expects budget surplus of 1.5-2% of GDP and 1.8-2% GDP growth in 2018

August 12, 17:56 updated at: August 12, 18:44 UTC+3 MAGADAN

Upwards dynamics will be further growing in the following years, says Minister of Finance Anton Siluanov

Share
1 pages in this article
© Valery Sharifulin/TASS

MAGADAN, August 12. /TASS/. Russia’s finance ministry expects a budget surplus of 1.5 to two percent of GDP in 2018 instead of previously forecasted deficit, Russian First Deputy Prime Minister and Minister of Finance Anton Siluanov said on Sunday.

"The budget surplus is growing. I would like to say that instead of the previously forecasted budget deficit of 1.5% of GDP, as was fixed in the law, we expect a budget surplus of 1.5-2% of GDP," he said in an interview with the Voskresny Vecher weekly news roundup on the Rossiya-1 television channel.

"This year, we anticipate a 1.8-2% GDP growth," he said, adding that the second quarter of 2018 demonstrated economic growth dynamics of 1.8%, with upwards dynamics to be further growing in the following years.

Show more
Share
In other media
ADVERTISEMENT
Partner News
ADVERTISEMENT