BCN-28 Russia budget surplus totals 3.1 pct of GDP in first half of 2019

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ZCZC

BCN-28

RUSSIA-BUDGET-GDP

Russia budget surplus totals 3.1 pct of GDP in first half of 2019

MOSCOW, July 11, 2019 (BSS/Xinhua) – Russia’s federal budget in January-
June was executed with a surplus of 1.561 trillion rubles (24.6 billion U.S.
dollars), or 3.1 percent of the gross domestic product (GDP), the Russian
Finance Ministry said Wednesday in a report of preliminary estimates.

According to the report, Russia’s budget revenues for the period amounted
to 9.548 trillion rubles (150.7 billion dollars), or 47.8 percent of the
total amount approved by law for the current year.

Expenditures for the period stood at 7.987 trillion rubles (126.1 billion
dollars), or 44.3 percent of the total volume of spending envisioned by the
law, it added.

BSS/XINHUA/HR/1455