Russia’s budget deficit amounts to $7 bln in eight months

Russia’s budget deficit amounts to $7 bln in eight months — Treasury

Business & Economy September 15, 2017, 12:22

Budget expenditures exceeded $174 bln as of September 1

MOSCOW, September 15. /TASS/. Russia’s budget deficit amounted to 405.66 bln rubles ($7 bln) in January-August period of 2017, down from 1.5 trillion rubles in the same period in 2016, the Federal Treasury reported Friday.

Budget expenditures exceeded 10 trillion rubles ($174 bln) as of September 1, expenses amounted almost 9.61 trillion rubles ($167 bln), the report said.