World

Russian budget deficit almost doubles in a month

Published December 12, 2017 Updated December 12, 2017 09:13pm

The 10-month figure had been 261.4 billion roubles.

Budget income for Jan.-Nov. totalled 13.41 trillion roubles and spending 13.92 trillion roubles, the data showed.

Legislation on Russia's budget deficit sets it at 1.92 trillion roubles or at 2.1 percent of gross domestic product, but the finance ministry expects it to come in lower, at about 1.8 to 1.9 percent of GDP.

 

 

Copyright Reuters, 2017