MOSCOW, Dec 12 (PRIME) -- The government expects Russia’s budget surplus to amount to 1.7% of gross domestic product (GDP) in 2019, below the initial guidance of 1.8%, Finance Minister Anton Siluanov said on Thursday during a government meeting.
“This year we expect the budget surplus at the level of about 1.7% of GDP. This is slightly higher than we planned initially in a budget estimate when we amended it last time,” he said.
The initial guidance was reduced in June, and more amendments to the budget were approved at the beginning of December reducing surplus to 1.4% of GDP, or to 1.48 trillion rubles.
(63.5653 rubles – U.S. $1)
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