Treasury improves Jan–Jun budget deficit estimate to 2.35 tln rbl

MOSCOW, Aug 18 (PRIME) -- The Federal Treasury has narrowed the January–June deficit of the federal budget to 2.35 trillion rubles as of July 1 from a preliminary assessment of 2.595 trillion rubles by the Finance Ministry, according to the document published on its website Monday.

The treasury estimated income at 12.382 trillion rubles, nearly the same as the ministry, while spending assessment was cut by 244 billion rubles to 14.732 trillion rubles.

The Finance Ministry said earlier that budget deficit amounted to 2.817 trillion rubles in January–July, according to a preliminary estimate. Revenue amounted to 14.525 trillion rubles, while spending was 17.341 trillion rubles.

The federal budget law expects budget deficit at 2.925 trillion rubles in 2023.

(93.7460 rubles – U.S. $1)

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