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Economy

Budget returns to deficit in October after two surplus months

The budget in October was executed with a deficit of 48 billion rubles. after a surplus of 609 billion rubles. for the previous month, follows from the performance assessment published by the Ministry of Finance on November 10. Previously, the level of surplus above 600 billion rubles. held the previous two months in a row – not only in September, but also in August. At the same time, the total deficit for 10 months amounted to 5.234 trillion rubles (2.3% of GDP). So far, this is 28.7% lower than the new plan of the Ministry of Finance – 7.345 trillion rubles (3.2% of GDP).

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Budget returns to deficit in October after two surplus months

The budget in October was executed with a deficit of 48 billion rubles. after a surplus of 609 billion rubles. for the previous month, follows from the performance assessment published by the Ministry of Finance on November 10. Previously, the level of surplus above 600 billion rubles. held the previous two months in a row – not only in September, but also in August. At the same time, the total deficit for 10 months amounted to 5.234 trillion rubles (2.3% of GDP). So far, this is 28.7% lower than the new plan of the Ministry of Finance – 7.345 trillion rubles (3.2% of GDP).

Source: Ведомости ↗

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