Date: 7 months ago   Category: Economy

Siluanov has told about financing of budget deficit in 2017 — Rambler News Service


The budget of the Russian Federation for 2017 is executed with deficit of 1,4% of GDP, the Minister of Finance Anton Siluanov has said. "Last year the budget is executed with deficit of 1,4% of GDP" — he has told. The Finance Minister has noted that the deficit has been covered by means of reserve fund. "Last year means of reserve fund in the sum about 1 trillion rubles became sources of financing of budget deficit" — Siluanov has told. According to him, there is an accumulation of fund now, including at the expense of additional income from oil and gas branch. "We continue to accumulate reserve fund to 7% of GDP now, we will watch further possibilities of investment into those projects which give us growth. Additional oil and gas income in 2017 has made 829 billion rubles which have been directed to replenishment of our fund" — Siluanov has told.

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