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IMF expects Russian budget to face deficit again in 2020 — report

The Russian budget has surplus of 2.7% of GDP in 2019 for the first time since 2011

WASHINGTON, October 16. /TASS/. The International Monetary Fund (IMF) predicts that the Russian federal budget will have deficit again 2020, the Fund said in its report on Wednesday.

Deficit of the Russian budget will be 0.1% of GDP in 2020 and will then grow from 0.3% of GDP in 2021 to 0.6% in 2022 and 0.8% in 2024, IMF says. Conclusions of IMF analysts are based on the fiscal rule in Russia and oil price forecasts.

The Russian budget has surplus of 2.7% of GDP in 2019 for the first time since 2011.

According to the draft budget prepared by the Russian government, the surplus of 0.8%, 0.5% and 0.2% of GDP is respectively planned for 2020-2022.

The surplus of the Russian budget will be 1% of GDP in 2019, according to the IMF forecast.

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Russian investigators start inquiry into financing of terrorism by US, NATO officials

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Ukrainian POW exposes poor battlefield performance of NATO-supplied Javelins, NLAWs

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Three Ukrainian soldiers swim across Dnieper to surrender to Russian troops — governor

Vladimir Saldo called on other Ukrainian servicemen to switch to the Russian side and request the corresponding assistance

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KazMunayGas, Sibur, Sinopec sign protocol on plant construction in Kazakhstan

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US 'not forgetting' to help itself with aid to Ukraine — Kremlin

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Putin signs law on holding World Friendship Games

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Unidentified man attempts suicide outside courthouse where Trump trial is underway

The man set himself on fire

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Moscow International Film Festival kicks off

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Russia’s export duty on wheat to be $37.42 per metric ton from April 24

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Nearly half of those present in UN Security Council hall walk out before Israel’s address

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French, US, British nukes all interwoven — Russian diplomat

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No plans for pauses in fighting if talks on Ukraine begin, Lavrov says

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Hungarians in western Ukraine should get their rights back, Budapest says

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World’s anti-doping agency WADA still waits for Russia’s 2023 financial contribution

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US assured Israel that Iranian drones will be intercepted — US journalist Hersh

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Blast rocks military base south of Baghdad — Reuters

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Russia’s advanced radar in Kaliningrad to monitor entire territory of Europe — source

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Military base near Iran’s Isfahan hit following attack — newspaper

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Swiss parliament votes against joining task force on frozen Russian assets

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US House passes procedural vote on Ukraine aid bill

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Russian economy proves resilience amid large-scale sanctions — IMF

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Ukraine’s military loses positions near Avdeyevka, says DPR

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West can’t comprehend Russia’s resilience — Lavrov

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Grossi ignores ‘elephant in the room’ in Zaporozhye nuke plant situation — Russian envoy

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