The Federal Law is based on Russia’s socioeconomic development forecast for 2015, the forecasts for 2016–2017, the main budget and tax policy priorities for 2015 and for the 2016–2017 period, and Russia’s state programmes.
The 2015 federal budget’s main outlines were defined based on forecast GDP of 77.498 trillion rubles and an inflation level of not more than 5.5 percent. Forecast total budget revenue comes to 15.082 trillion rubles, including additional oil and gas revenues of 344.3 billion rubles, and total spending comes to 15.513 trillion rubles. The federal budget deficit has been set at 430.7 billion rubles.
The Federal Law also sets the rules for distributing revenue between the budgets at the different levels over 2015–2017 and sets out Russian state foreign and domestic borrowing programmes and state guarantees for 2015.