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Budget Surplus Tops 2 Trillion Rubles
The surplus in the Russian federal budget from January to September exceeded 2.5 trillion rubles (8.1 percent of the GDP), RIA Novosti reports, citing Finance Ministry data. A year ago at the same time, the surplus was slightly over 1.6 trillion rubles. Income to the Russian budget was 7.2 trillion rubles in that period this year, which is almost 80 percent of the plan for the entire year. Expenditure reached 4.6 trillion rubles, or 61.1 percent of plan.
The consolidated budget, that is the combined federal and regional budgets, topped 2.5 trillion rubles in surplus at the beginning of September. It was also notable that the biggest expense in the first half of the year was defense. Russia receives is main income from the Federal Tax Service, which put 3.2 trillion rubles in state coffers, and the Federal Customs Service, which contributed 3.5 trillion rubles.
www.kommersant.com
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Photo: Pavel Solov
