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Law on the 2017 Federal Budget and the 2018–2019 Budget Plan

Vladimir Putin signed Federal Law On the 2017 Federal Budget and the 2018–2019 Budget Plan.

December 20, 2016
12:20

The Federal Law sets out the key parameters of the 2017 Federal Budget and the 2018–2019 Budget Plan. The 2017 budget is based on the anticipated GDP of 86.81 trillion rubles and the inflation rate below 4 percent. The total federal budget revenue is projected at 13.49 trillion rubles and spending at 16.24 trillion rubles. The federal budget deficit is therefore expected to be 2.75 trillion rubles.

The Federal Law also stipulates norms of allocation of revenues within the budget system in 2017 and the 2018–2019 planning period, as well as the programmes of state foreign and domestic borrowing and state guarantees.

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Published in section: Documents

Publication date: December 20, 2016, 12:20

Direct link: en.kremlin.ru/d/53514

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Official Website of the President of Russia:

Law on the 2017 Federal Budget and the 2018–2019 Budget Plan

http://en.kremlin.ru/acts/news/53514

Last updated at December 20, 2016, 19:05

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