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Russian federal budget will finally adjust to new realities within next three years

MOSCOW, November 9. /TASS/. Russia’s federal budget will finally adjust to new realities in the next three years, Finance Minister Anton Siluanov said, speaking at a meeting of the State Duma Committee on Budget and Taxes.

"Now, in 2015-2016, the first adaptation of the budget took place and the final adjustment will happen in the next three years. At the end of the three-year period we think we will be able to define the prognosis of our capabilities for a three-year budget cycle, that we are now considering, taking into account the principles of limitation of budget expenditures," he said.