The state Duma adopted amendments to the Federal budget for 2018

The state Duma adopted amendments to the Federal budget for 2018

MOSCOW, 21 Feb — RIA Novosti. The state Duma adopted the law on change of the parameters of the Federal budget for 2018, when the deficit replaced by a surplus.

The document was voted by 307 deputies, against — 98, no abstentions. In the course of its discussion was supported only by fraction “United Russia”. The Communist party faction, “Fair Russia” and LDPR have declared their intention to vote against it.

The document increases the budget revenues in 2018 1,815 trillion rubles — up to 17,073 trillion rubles (17.4% of GDP), expenses — on of 61.9 billion rubles, to 16,591 trillion (16.9 percent of GDP). The budget deficit (1.3% of GDP) will be replaced by a surplus (0.5% of GDP).

The previously planned GDP increases 97,462 trillion rubles to 98,234 trillion rubles, and the annual inflation rate reduced from four percent to 2.8 percent.

The upper limit of domestic debt is reduced from 10.5 billion rubles to 10.28 billion, from 71.6 billion, or 59.7 billion euros, to 61.9 billion, or 49.5 billion euros.

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