Russian government ready to revise budget if needed — deputy PM

Business & Economy December 19, 2014, 13:43

Russia's presidential aide Andrey Belousov on Friday said the Russian government has adopted a plan of anti-crisis measures

MOSCOW, December 19. /TASS/. Russia’s government is ready to revise the federal budget if this is needed, Russian Deputy Prime Minister Sergey Prikhodko said on Friday.

“We will have to work on the implementation of the federal budget. We will see how the economic situation develops and if there is need of introducing particular changes,” Prikhodko said.

Russia's presidential aide Andrey Belousov on Friday said the Russian government has adopted a plan of anti-crisis measures.

"Of course, the government will take measures [to tackle the financial crisis]," Belousov said without giving details of the plan.

Russian Prime Minister Dmitry Medvedev last week said the country’s federal budget for 2015 could be revised due to unfavorable international and domestic economic developments.

Some expert calculations show that with the oil price fall by $3 per barrel, the Russian currency has to be devalued by 1 ruble.

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