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Amendments to law on Federal Budget for 2015 and 2016–2017 budget plan

November 28, 2015

Vladimir Putin signed Federal Law On Amendments to the Federal Law On the Federal Budget for 2015 and the 2016- 2017 Budget Plan.

The Federal Law takes into consideration the results of the federal budget implementation in the first eight months of 2015 and the expected results of Russia’s socioeconomic development and the expected federal budget implementation in 2015.

In accordance with the Federal Law, the overall federal budget revenue for 2015 is expected to amount to 13,251.4 billion rubles, which is 711.7 billion rubles more that the figure set in the Federal Law of April 20, 2015.

The overall federal budget expenditures are expected at 15,417.3 billion rubles, which is 202.3 billion rubles more than the figure set in the Federal Law of April 20, 2015.

The federal budget deficit is expected at 2,166 billion rubles, which is 509.3 billion rubles less than the figure set in the Federal Law of April 20, 2015.

November 28, 2015