09 June 2004 08:01 Russia sees budget surplus of 59.2 bln rubles in Q1 MOSCOW. June 9 (Interfax) - Russia's federal budget surplus totaled 59.2 billion rubles, or 1.7% of GDP, in the
first quarter of 2004, the Finance Ministry reported.
Budget implementation in the first quarter will be discussed at a government meeting on June 10 at which Finance
Minister Alexei Kudrin will give a speech.
Revenue totaled 688.6 billion rubles, 7.7% over the quarterly target, and spending totaled 629.3 billion rubles, 7.7%
less than the target.
GDP was 3.5 trillion rubles in the first quarter of 2004, the ministry said. [RU ASIA EUROPE EEU EMRG ECI FIN] me
[Interfax] |