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Finance Ministry to correct domestic borrowing programme in 2014-2016

September 11, 2013, 23:39 UTC+3
He said the budget deficit projections had been raised from 0.4 percent in 2014 and 2015 and 0.6 percent in 2016 forecast earlier
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Photo ITAR - TASS / Pavel Golovkin

Photo ITAR - TASS / Pavel Golovkin

NOVO OGAREVO, September 11 (Itar-Tass) - The Russian Finance Ministry is planning to make minor corrections to the domestic borrowing programme for 2014-2016, Finance Minister Anton Siluanov said.

He said the budget deficit projections had been raised from 0.4 percent in 2014 and 2015 and 0.6 percent in 2016 forecast earlier.

Minister of Economic Development Alexei Ulyukayev said earlier in the day that the budget deficit would be 0.6 percent of GDP next year, about 1 percent of GDP in 2015 and 0.6 percent in 2016.

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