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Russia’s budget deficit in 2015 to be 0.5% of GDP

September 14, 2014, 18:35 UTC+3 MOSCOW
In 2015, budgetary revenues will be 14.79 trillion roubles and spending will be 15.12 trillion roubles
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© ITAR-TASS/Anton Novoderzhkin

MOSCOW, September 14. /ITAR-TASS/. Russia’s budget deficit will be 0.5% of GDP in 2015 and 0.6% of GDP in 2016 and 2017, Russian Finance Minister Anton Siluanov said on Sunday.

In 2015, budgetary revenues will be 14.79 trillion roubles (391.4 billion U.S. dollars) and spending will be 15.12 trillion roubles (400.1 billion U.S. dollars). Oils and gas incomes will be 6.818 trillion roubles (180.4 billion U.S. dollars) and non-oil-and-gas incomes will reach 7.746 trillion roubles (205 billion U.S. dollars).

In 2016, budgetary revenues will be 15.49 trillion roubles (409.9 billion U.S. dollars) and spending will be 15.97 trillion roubles (422.6 billion U.S. dollars). Oils and gas incomes will be 7.884 trillion roubles (208.6.4 billion U.S. dollars) and non-oil-and-gas incomes will reach 7.650 trillion roubles (202.4 billion U.S. dollars).

In 2017, budgetary revenues will be 16.3 trillion roubles (431.3 billion U.S. dollars) and spending will be 16.89 trillion roubles (447 billion U.S. dollars). Oils and gas incomes will be 7.986 trillion roubles (211.3 billion U.S. dollars) and non-oil-and-gas incomes will reach 8.364 trillion roubles (221.3 billion U.S. dollars).

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