The budget parameters have changed, because the changed data according to the forecast, primarily for oil and gas, and price parameters of gas, said the head of the Ministry of Finance of the Russian Federation Anton Siluanov.
MOSCOW, 22 Oct. The government has increased in the draft budget for 2016 and income and the cost of 161 billion rubles compared to the previously approved, the deficit remains at the planned level of 3% of GDP, said the Minister of Finance of the Russian Federation Anton Siluanov.
“They (the parameters) of the budget has changed compared with what was discussed at the government, because the data changes according to the forecast, primarily for oil and gas, and price parameters of gas. Revenues grew somewhere on 161,2 billion rubles. Expenses also rose to the level 16,098 trillion rubles. Income 13,738 trillion rubles,” Siluanov told journalists.
According to him, the budget deficit will amount to 3% of GDP. “We have fulfilled the instructions of the government, determining the budget deficit to 3% of GDP”, — said Siluanov.