Russia's budget deficit narrows sharply in 9 months
                 Source: Xinhua | 2017-10-10 04:11:37 | Editor: huaxia

Russian President Vladimir Putin (L) talks with Prime Minister Dmitry Medvedev during their meeting in Putin's residence Novo-Ogarevo, outside Moscow on September 8, 2014. (AFP PHOTO)

MOSCOW, Oct. 9 (Xinhua) -- Russia's federal budget deficit in January to September of 2017 amounted to 268.13 billion rubles (4.59 billion U.S. dollars), the Russian Federal Treasury said Monday.

It sees a considerable decrease from the deficit of 1.58 trillion rubles (27.07 billion U.S. dollars) in the same period last year.

According to the Treasury's latest report on the execution of the Russian federal budget, Russia's budget revenues as of October 1 this year totaled 10.97 trillion rubles (187.86 billion U.S. dollars), the budget expenditures in the same period 11.24 trillion rubles (192.45 billion U.S. dollars).

The largest expenditures were recorded in the fields of social policy, national defense, national economy, national security and law enforcement, and national issues, the report said.

Earlier last month, Russian Prime Minister Dmitry Medvedev said that Russia's budget deficit in the first half of 2017 was reduced to 1 percent of its gross domestic product (GDP) and amounted to 400 billion rubles (6.94 billion U.S. dollars).

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Russia's budget deficit narrows sharply in 9 months

Source: Xinhua 2017-10-10 04:11:37

Russian President Vladimir Putin (L) talks with Prime Minister Dmitry Medvedev during their meeting in Putin's residence Novo-Ogarevo, outside Moscow on September 8, 2014. (AFP PHOTO)

MOSCOW, Oct. 9 (Xinhua) -- Russia's federal budget deficit in January to September of 2017 amounted to 268.13 billion rubles (4.59 billion U.S. dollars), the Russian Federal Treasury said Monday.

It sees a considerable decrease from the deficit of 1.58 trillion rubles (27.07 billion U.S. dollars) in the same period last year.

According to the Treasury's latest report on the execution of the Russian federal budget, Russia's budget revenues as of October 1 this year totaled 10.97 trillion rubles (187.86 billion U.S. dollars), the budget expenditures in the same period 11.24 trillion rubles (192.45 billion U.S. dollars).

The largest expenditures were recorded in the fields of social policy, national defense, national economy, national security and law enforcement, and national issues, the report said.

Earlier last month, Russian Prime Minister Dmitry Medvedev said that Russia's budget deficit in the first half of 2017 was reduced to 1 percent of its gross domestic product (GDP) and amounted to 400 billion rubles (6.94 billion U.S. dollars).

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