The Federal Law takes into consideration the results of the budget’s implementation in the first eight months of 2016 and the expected results of Russia’s socioeconomic development and implementation of the federal budget for the year.
In accordance with the Federal Law, overall federal budget revenue for 2016 is projected at 13.368 trillion rubles, which is 369.9 billion rubles more that the figure set in the Federal Law On the Federal Budget for 2016.
Total federal budget expenditures will reach 16.403 trillion rubles, which is 304.4 billion rubles more than the figure set in the Federal Law On the Federal Budget for 2016.
The federal budget deficit will total 3.034 trillion rubles, which is 674.2 billion rubles more than the figure set in the Federal Law On the Federal Budget for 2016.