November 13, 2019 / 8:05 AM / a month ago

Russia facing 2019 spending shortfall of 200-300 bln rubles: Ifax

MOSCOW (Reuters) - The Russian budget is facing a spending shortfall of up to 300 billion rubles ($4.7 billion) this year, but it will only have a small effect on inflation, Deputy Finance Minister Vladimir Kolychev said on Wednesday, according to Interfax news agency.

Reporting by Maria Kiselyova; writing by Tom Balmforth; editing by Andrew Heavens

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