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1.2% federal budget surplus in first six months of 2013

September 12, 2013, 14:45 UTC+3
New Federal budget draft is entering the final stage
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Photo ITAR-TASS/ Alexander Astafyev

Photo ITAR-TASS/ Alexander Astafyev

MOSCOW, September 12 (Itar-Tass) - The Federal budget surplus over the first six months of this year accounted for 1.2% of GDP, Prime Minister Dmitry Medvedev told a government meeting on Thursday.

"The results achieved in the first six months were relatively good. Even better than earlier predicted, according to some parameters. The Federal budget surplus was almost 1.2% of GDP," he said.

Medvedev said the result was higher than that in the corresponding period of 2012. The budget surplus amount was about 370,000 million rubles, he pointed out.

Meanwhile, the new Federal budget draft is entering the final stage. The draft budget will be referred to the State Duma lower house of parliament in October, Prime Minister Dmitry Medvedev told a Cabinet meeting here on Thursday.

"To maintain and develop positive trends is one of the principal tasks of the government. A draft new three-year budget is oriented towards this end. The draft budget must be referred to parliament as early as October," Medvedev said.

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