Ministry of Finance of the Russian Federation
Ministry of Finance of the Russian Federation
02.08.2011

Statements of Deputy Head of the Government of the Russian Federation – Finance Minister of the Russian Federation A. Kudrin

 

Budget surplus of Russian regions reaches 709 bln rubles in H1 – Kudrin.

MOSCOW, August 2 (Itar-Tass) —— The budget surplus of Russian regions reached 709 billion rubles in the first half of the year, Vice-Premier, Finance Minister Alexei Kudrin said at the Tuesday meeting of the government presidium.

He added that the surplus reduced in the second half. Only two regions have budget deficits now, he said.

Regional budget revenues grew by 10% to 3.72 trillion rubles in the first six months of the year, Kudrin said.