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RUSSIA'S ECONOMY

Russian PM to hold meeting to ensure budget balance

The Russian government does not rule out that the budget will have to be adjusted due to falling oil prices

Russian Prime Minister Dmitry Medvedev Alexander Astafyev/Russian government's press service/TASS

Russian Prime Minister Dmitry Medvedev

© Alexander Astafyev/Russian government's press service/TASS

MOSCOW, January 25. /TASS/. Russian Prime Minister Dmitry Medvedev will on Monday hold a special meeting to discuss how to ensure federal budget balance for 2016, the government press service reported.

In the first weeks of the new year, Medvedev held a series of meetings on economic problems, as the situation in the world and Russian economy is getting more complicated. Oil prices are falling, and the Russian government does not rule out that the budget will have to be adjusted.

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