The state Duma adopted the law on the budget of the Russian Federation for 2016 with a deficit of 3% of GDP

The state Duma adopted the law on the budget of the Russian Federation for 2016 with a deficit of 3% of GDP


Document drawn up on the basis of inflation in 2016 is not above the 6.4% average annual price for Urals oil at $ 50 per barrel, said in the state Duma. It noted that GDP is expected to 78,673 trillion rubles.

MOSCOW, 4 Dec. The state Duma on Friday adopted in the third final reading the law on the Federal budget for 2016, which would provide for a deficit of 3% of GDP.

For the main financial document of the country at the plenary session voted 297 deputies, against have acted — 149, abstentions were not.

Key indicators

The budget was adopted only in 2016 instead of the traditional three-year period due to the high volatility of financial and commodity markets. The income 13,738 trillion rubles, expenses — 16,099 trillion rubles. The budget deficit will be at 2.36 trillion rubles, or 3% of GDP.

The survey

What, in your opinion, related to a decrease in oil prices?

  • With increased production
  • The difficult economic situation in the world
  • With the collusion of a number of countries-producers
  • The reason the political situation
  • No answer

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