PM: Russia’s budget income can exceed forecast by 1 tln rbl ‘17

MOSCOW, May 18 (PRIME) – The Russian federal budget revenue can exceed an official forecast by 1 trillion rubles in 2017, Prime Minister Dmitry Medvedev said at a government meeting on Thursday.

“As for the federal budget income. It grew by almost 22% on the year in the first four months. This is at face value,” Medvedev said.

“We expect that this trend will remain, the total amount of income will be higher than we’ve planned while approving the budget. The estimates vary but it can be over a trillion rubles. This means that we can settle the budget with a lesser deficit than planned.”

The positive trends in the Russian economy persist and will hopefully become more noticeable in 2017, he said.

(56.7383 rubles – U.S. $1)

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