Ministry of Finance: Deficit in 2013 is amounted to 0.5% of GDP

14 January 2014, Tuesday
The federal budget deficit is amounted to 0.5% of GDP in terms of 0.8% in 2013.  This was announced by Finance Minister Anton Siluanov at the Gaidar Forum. Ministry of Finance even exceeded the performance of income compared to the revised data for the year. Anton Siluanov also said that the level of oil and gas deficit was 10.2% of GDP at 9.7% of the original plan in 2013. "It is at a high level, and the challenge is to bring it down to 5-6% for several years," - said the Minister.
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