state budget of Russia

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Russia to spend up to 7 trillion rubles on army

The military budget of Russia in 2018-2020 will total almost 6,8 trillion rubles, Russia's Deputy Minister of Finance Leonid Gornin said at a meeting of the Council of the Federation Committee on Defense and …

 Russia’s federal budget for 2018-2020 adopted

Russia’s State Duma has passed the bill on federal budget for 2018 and the planned period of 2019-2020 in its third reading.  According to the bill, Russia’s budget revenues will amount to 15.26 trillion rubles ($256 …

Russia to bring budget deficit down to zero

Russia's Finance Ministry expects that the budget deficit will be 2% this year, the head of the ministry Anton Siluanov said on the sidelines of the annual autumn meeting of the World Bank and the International Monetary …

Siluanov about Russia's budget

Russian Finance Minister Anton Siluanov said that the country's budget deficit in 2018 will be the lowest in recent years. "The budget deficit in 2018 will stand at 1.6% of the GDP. This is the lowest deficit …

Russian budget deficit declines 2.4 times

Russia's budget deficit in the April of this year reached 515.538 billion rubles, according to the Treasury Department. Thus it declined 2.4 times in comparison with the results of January. Budget revenues in …

Russia's budget loses 46 billion rubles in oil revenues

The Russian budget in April received only 18.5 billion rubles as additional oil revenues, instead of previously projected 64.5 billion, the country's Ministry of Finance said. The deviation of the actually received oil and gas …

Novak: Russia to receive additional $26 bln

Russia's budget in 2017 may receive additional revenues of some 1.5 trillion rubles ($25.9 billion) if global oil prices stand at the range of $50-$60 per barrel, the Russian Energy Minister Alexander Novak said. …