On Friday, November 24, the State Duma of Russia adopted in the third reading the law on the federal budget for 2018 and the planning period of 2019-2020.
According to the document, budget revenues in 2018 will amount to 15.258 trillion rubles, expenses - 16.529 trillion rubles. The budget deficit for this period is 1.3% of GDP.
Incomes in 2019 are planned in the amount of 15.555 trillion rubles, expenses - 16.374 trillion rubles, deficit - 0.8% of GDP. In 2020, revenues are set at the level of 16.285 trillion rubles, expenses - 17.155 trillion rubles. with the remaining budget deficit. Parliament Speaker Vyacheslav Volodin noted that the Duma for the first time in the previous three years adopted a budget with an increase of more than 2%, Kommersant reports .
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