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RUSSIA'S ECONOMY

Russia’s consolidated budget deficit totaled $53.9 bln in 2016

Revenues of the consolidated budget amounted to $481.9 bln last year

MOSCOW, February 14. /TASS/. Russia’s consolidated budget deficit rose 11.7% year-on-year to 3.1 trillion rubles ($53.9 bln) in 2016, the Treasury reported on Tuesday.

Revenues of the consolidated budget amounted to 27.7 trillion rubles ($481.9 bln) last year. Expenses totaled 30.9 trillion rubles ($537.5 bln) in 2016.

For comparison, revenues equaled 26.5 trillion rubles ($460.2 bln) and expenses were 29.3 trillion rubles ($508.9 bln) in 2015.

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West’s erroneous course and preventing major war — what Putin told foreign ambassadors

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Total losses of Ukrainian forces in Russia’s Kursk Region reach over 29,600 servicemen

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Harris has 4-point lead over Trump in final PBS election poll

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Russia responds to Western sanctions with benefit for itself — MFA

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