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15 June 2004 01:18
Russian Finance Ministry presents budget plan for 2006-7 - more details
Moscow, 15 June: Russia's federal budget surplus for 2006 is planned at R28.402bn according to the financial plan for 2005-2007 submitted to the government by the Finance Ministry, a government official told Prime-TASS on Tuesday [15 June]. In 2006 the federal budget revenues are planned at R3,304bn and spending at 3,275bn. The average dollar rate against the rouble is estimated at R30.8. By the end of 2006 the stabilization fund is not to exceed R500bn. Federal budget revenues from tax collection in 2006 are expected at R2,063bn, while non-tax revenues will be at R942.971bn, and the unified social tax at R297.790bn. Interest spending is seen at R256.836bn, including domestic at R80.050bn and foreign at R176.785bn. Russia's federal budget surplus for 2007 is planned at R74.772bn, with revenues at R3,598bn and costs [spending] at R3,523bn. The dollar rate against the rouble is expected to be at R31. It is expected that the stabilization fund is to remain at R500bn in 2007. Federal budget revenues from tax collection in 2007 are expected at R2,302bn, non-tax revenues at R952.094bn and the unified social tax collection is to amount to R344bn. Interest spending is planned at R253.484bn, including domestic at R85.374bn and foreign at R168.110bn. [Passage omitted] [The current exchange rate is R29.0287 to the dollar]
[Prime-TASS news agency]
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