Russian budget deficit revised lower
Government figures, cited by Russian news agency Tass, show a forecast for the 2018 federal budget deficit at $21.9 billion.
That's lower than the previous estimate of $23.07 billion for next year.
By 2019, data show an estimated budget deficit of $14.2 billion and $15 billion in 2020.
Both figures are lower than previous estimates by 5.5 percent and 10 percent, respectively.
Revenues by 2020, meanwhile, should be $281.5 billion, 4.4 percent higher than the previous forecast. ■