Russia finance ministry suggests cutting budget deficit

Russia finance ministry suggests cutting budget deficit

Russia's finance ministry suggests cutting this year's budget deficit by 829 billion rubles (£11.3 billion) by 30.1% to 1.924 trillion rubles.

The ministry also sees this year's budget revenues rising by 1.144 trillion roubles to 14.632 trillion rubles and expenditures rising by 315 billion rubles to 16.556 trillion rubles, RIA Novosti reported, citing draft legal changes posted on a government website.

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