Telegram included in register of Internet information distributorsBusiness & Economy June 28, 20:56
Putin points to growing activities of foreign secret services against RussiaRussian Politics & Diplomacy June 28, 20:36
FIFA chief Infantino to attend Chile-Portugal 2017 Confederations Cup semis match in KazanSport June 28, 20:27
Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
Top diplomat says Germany willing to open new chapter in relations with RussiaWorld June 28, 19:28
Russia open for cooperation with Germany in war on terror, Lavrov saysRussian Politics & Diplomacy June 28, 19:22
Baltic Fleet’s fighter jets hold air combat drills in Russia’s westernmost regionMilitary & Defense June 28, 18:57
Russian telecom watchdog to include Telegram in registerBusiness & Economy June 28, 18:51
Skolkovo Foundation proactively cooperating with China — IT projects directorBusiness & Economy June 28, 18:41
MOSCOW, October 6. /TASS/. The Russian government has approved amendments to the 2016 budget at a cabinet meeting chaired by Prime Minister Dmitry Medvedev, Natural Resources Minister Sergey Donskoy told reporters.
"It’s been approved," he said. On Thursday, the government considered amendments to the 2016 budget as well as amendments to the Budget Code, prepared by the Finance Ministry "in order to create legal conditions for preparation of the draft law on federal budget for 2017 and the planning period of 2018 and 2019."
Earlier this week, the Finance Ministry set a deficit of 3.66% of GDP in amendments to the budget for 2016.
According to the amendments, the Finance Ministry forecasts growth of budget deficit by more than 670 bln rubles ($10.7 bln) to 3 trillion rubles ($48.02 bln) in the 2016 budget.
The amendments include decrease of budget revenues in 2016 by 370 bln rubles ($5.9 bln) to 13.3 trillion rubles ($213.2 bln) and growth of spending by more than 300 bln rubles ($4.8 bln) to 16.4 trillion rubles ($262.9 bln). GDP assessment for 2016 was increased to 82.815 trillion rubles ($1.33 trillion) from 78.673 trillion rubles ($1.2 trillion), inflation was decreased to 5.8% from 6.4%.
The Ministry’s amendments to the 2016 budget also imply the increase of spending by more than 300 bln rubles ($4.8 bln) to 16.4 trillion rubles ($263 mln) and the decline in revenues by 370 bln rubles ($5.9 bln) to 13.3 trillion rubles ($213 bln).
The draft amendments also incorporated an increase in domestic borrowing from 300 bln rubles ($4.8 bln) to 500 bln rubles ($8.02 bln).
The Cabinet plans to consider the draft budget for the next three-years on October 13 and the Prime Minister will hold the meeting of the budget Commission on Friday, October 7.