Seven parties to participate in Syrian talksWorld January 22, 9:54
Russia’s Pavlyuchenkova reaches Australian Open quarterfinalsSport January 22, 7:19
IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
Russian bombers deliver successfully strikes on terrorists' facilities in SyriaWorld January 21, 15:39
Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
MOSCOW, June 11. /TASS/. Russia’s budget deficit reached 1.05 trillion rubles ($ 19.2 bln) or 3.7% of GDP in January-May, the Finance Ministry reported on Thursday.
In January-May, budget revenues totaled 5.36 trillion rubles ($98 bln), or 42.7 % of the planned amount.
In particular, the Federal Tax Service contributed 2.918 trillion rubles ($53.3 bln), the Federal Customs Service transferred another 1.876 trillion rubles ($34.2 bln).
The Federal Agency for State Property Management (Rosimushchestvo) contributed 10.29 bln rubles ($188 mln), which is 5% of this year’s plan.
Other federal agencies contributed 555 bln rubles ($10 bln).
In January-May, the federal budget expenditures totaled 6.4 trillion rubles ($117 bln) or 42.1% of the planned amount.
Earlier on Thursday, Finance Minister Anton Siluanov said the like-for-like nominal revenues of the Russian budget declined 8.9% in five months of 2015.
"This is because the tax base was still largely formed in the first quarter according to results of macroeconomic indicators in the fourth quarter of 2014," Siluanov added.
The Finance Ministry plans to reach the budget deficit of about 3% of GDP by the end of the year.
The ministry plans to bridge the deficit by borrowing on the domestic market and at the expense of the Reserve Fund.