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Russian President Vladimir Putin will hold a May 20 meeting with members of the government on the preparation of the federal budget for 2016 and the planning period of 2017 and 2018, reports TASS referring to the press service of the Kremlin. “The agenda of the meeting – the preparations target scenario of socio-economic development of the country”, – said in a statement.
According to the Ministry of Finance, from January to April, the budget deficit amounted to Russia mrld almost 996 rubles. or 4.4% of GDP. According to the ministry, budget revenue exceeded 4.5 trillion rubles., While expenditures amounted to more than 5.5 trillion.
For more information about the budget deficit, see the article “Kommersant FM» «The federal budget provides a large deficit for the year».
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