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Crisis Cost Cutting.
- Source :
-
Russian Life . May/Jun2009, Vol. 52 Issue 3, p12-13. 2p. - Publication Year :
- 2009
-
Abstract
- The article focuses on the finalization of the Russian government's budget for 2009. It says that the revised budget shows a deficit of R2.98 trillion or 7.4% of its projected gross domestic product (GDP). It is noted that the government had to revise its original budget when the price of oil fell from $95 to $41 per barrel. The budget deficit will come from the Reserve Fund. According to the article, the Russian government is projecting deficits of five and three percent respectively for 2010 and 2011.
- Subjects :
- *BUDGET
*BUDGET deficits
*DEFICIT financing
*GROSS domestic product
Subjects
Details
- Language :
- English
- ISSN :
- 1066999X
- Volume :
- 52
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- Russian Life
- Publication Type :
- Periodical
- Accession number :
- 38707842