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Sovereign Wealth Funds Briefing - Categorized | Performance, Reserve Currencies

Russia’s 2009 budget deficit is 25 pct less than forecast

Posted on 11 June 2010

From Itar-Tass: The deficit of Russia’s budget over 2009 was 2.3 trillion roubles, which is by 809.1 billion roubles or 25.8 percent less than it had been expected. The Reserve Fund made up 1.8 trillion roubles, the National Welfare Fund – almost 2.8 trillion roubles, Prime-Tass reports.
The revenues of the federal budget over 2009 made up 7.3 trillion roubles, or by 623.9 billion roubles /9.3 percent/ more than it had been forecast…………………………………………Full Article: Source

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