May 11, 2018 / 5:31 AM / 3 months ago

Russian FinMin expects budget surplus, not deficit, for 2018

MOSCOW, May 11 (Reuters) - The Russian Finance Ministry expects the budget for 2018 to run a surplus, not a deficit, for the first time since 2011 thanks to rising oil prices, a draft law on the budget showed late on Thursday.

It said the budget is expected to run a surplus of 440.6 billion roubles ($7.15 billion), or 0.45 percent of the gross domestic product.

$1 = 61.6455 roubles Reporting by Darya Korsunskaya and Anton Kolodyazhnyy; writing by Vladimir Soldatkin; Editing by Sunil Nair

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below