The Russian government has approved the budget parameters for 2015-2017, with a deficit in the range of 0.4-0.6% of GDP

4 July 2014, Friday
The Russian government on Thursday approved the main direction of fiscal policy and the basic parameters of the federal budget for 2015 and the planning period of 2016-2017, told the Finance Minister Anton Siluanov. Russia's budget deficit forecast for 2015 was reduced by more than half - to 328.4 billion (or 0.4% of GDP) from the planned 796.6 billion (1% of GDP).
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