ID :
193417
Thu, 07/07/2011 - 07:55
Auther :

Russian government to determine key aspects of budget policy in

MOSCOW, July 7 (Itar-Tass) -- The Russian government will determine
key aspects of the budget policy in 2012-2014 at its meeting on Thursday,
July 7.
Vice Prime Minister and Finance Minister Alexei Kudrin will talk about
the main areas of the budget policy and key parameters of the federal
budget.
According to the Finance Ministry, the federal budget deficit will be
2.7 percent of GDP in 2012-2013, and 2.3 percent in 2014. Budget revenues
are projected to be about 10,615 billion roubles (18.4 percent of GDP) in
2012; 11,674 billion roubles (18.4 percent) in 013, and slightly over
12,631 billion roubles (17.9 percent of GDO) in 2014.
Federal budget revenues in 2011 are expected to exceed 10,303 billion
roubles (19.3 percent of GDP). "The 2011 budget may be corrected one more
time, but for the time being we stick to these figures," a government
official told Itar-Tass.
Budget expenditures in 2011 may exceed 11,022 billion roubles (20.7
percent of GDP).

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