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Russia’s federal budget deficit increased 2.2-fold year-on-year in 10 months of 2016

November 11, 2016, 12:40 UTC+3 MOSCOW
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MOSCOW, November 11. /TASS/. Russia’s federal budget deficit amounted to 1.58 trillion rubles ($24 bln) in January-October period of 2016, a 2.2-fold increase year-on-year (707 bln rubles), according to the documents released by the Federal Treasury on Friday.

As of November 1, budget expenditures totaled 12.021 trillion rubles ($183 bln), revenues stood at 110.441 trillion rubles ($159 bln).

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