Putin: by the end of the year the budget deficit will be less than the projected 3%

Putin: by the end of the year the budget deficit will be less than the projected 3%


For 11 months of the current year Federal budget revenues amounted to 12.2 trillion rubles, expenses – 13,1 trillion, said at a press conference, the President of the Russian Federation Vladimir Putin.

MOSCOW, 17 Dec. The expected level of the budget deficit by the end of 2015 will be less than the projected 3% of GDP and will amount to 2,8-2,9%, said at a press conference, the President of the Russian Federation Vladimir Putin.

“For 11 months of the current year Federal budget revenues amounted to 12.2 trillion rubles, expenses – at 13.1 trillion. The budget deficit, as we have seen, 957 billion. The expected level of the budget deficit by the end of this year to 2.8-2.9% of GDP,” Putin said.

According to him, this is a quite satisfactory indicator in the current situation in the economy.

Critical questions, key statements, photos from the event and video — online-a report from the press conference of Vladimir Putin on ria.ru >>