
Russian President Vladimir Putin signed the law on amendments to the Russian budget of 2017. The document was published on the official portal of legal information on July 2.
According to adjustments, the budget deficit this year will be 2.1% of GDP instead of previously planned 3.2% of GDP. The predicted inflation will be at the level of 3.8% instead of the expected 4%, and the forecast for oil price is increased from $ 40 to $ 45.6.
The amendments, among other things, provide for the allocation of an additional 10 billion rubles to support agriculture and the pre -capitalization of the Rosselkhozbank for 25 billion rubles. In addition, an additional 660 million rubles were allocated to the regions to finance the Tavrida in Crimea - more than 900 million rubles. Earlier, RBC also calculated that the secret part of the budget increased by 1.7 billion rubles.
The State Duma approved the amendments on June 21, the Federation Council - June 28.