Russia's Budget Surplus In Jan-Nov 2018 Totaled 3.7% Of GDP - Finance Ministry

Fahad Shabbir (@FahadShabbir) Published December 13, 2018 | 07:23 PM

The surplus of the Russian federal budget in January-November, according to a preliminary estimate of the country's Finance Ministry, amounted to 3.394 trillion rubles ($51.2 billion), or 3.7 percent of GDP, the ministry said in materials on its website.

MOSCOW (UrduPoint News / Sputnik - 13th December, 2018) The surplus of the Russian Federal budget in January-November, according to a preliminary estimate of the country's Finance Ministry, amounted to 3.394 trillion rubles ($51.2 billion), or 3.7 percent of GDP, the ministry said in materials on its website.

Russia's budget revenues for the first 11 months of 2018 amounted to 17.457 trillion rubles, or 92.1 percent of the total federal budget revenues approved by the law on the budget for the current year. The expenditures were executed in the amount of 14.063 trillion rubles, which is 83.7 percent of the total federal budget expenditures under the current law.