Russian finance ministry expects budget surplus, not deficit, for 2018

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© Reuters. General view shows State Duma in Moscow© Reuters. General view shows State Duma in

MOSCOW (Reuters) – The Russian expects the budget for 2018 to run a surplus, not a deficit, for the first time since 2011 thanks to rising prices, a draft law on the budget showed late on Thursday.

It said the budget is expected to run a surplus of 440.6 billion rubles ($7.15 billion), or 0.45 percent of the gross domestic product.

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Source: Investing.com

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