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Russian Gov’t Submits 2017-2019 Federal Budget Draft to State Duma

© Sputnik / Vladimir Fedorenko / Go to the mediabankView of the Russian State Duma building on Okhotny Ryad Street
View of the Russian State Duma building on Okhotny Ryad Street - Sputnik International
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The Russian government has submitted a draft plan of the 2017-2019 federal budget to the State Duma.

A Russian ruble coin is pictured in front of the Kremlin in in central Moscow, on November 6, 2014 - Sputnik International
Putin: Russia's 2017 Budget Deficit Acceptable Even for Advanced Economies
MOSCOW (Sputnik) — The Russian government has submitted a draft plan of the federal budget for the years 2017-2019 to the State Duma, the government’s official statement said Friday.

The first reading of the draft may be held on November 18.

According to the statement, the draft is based on basic forecast indicators for socio-economic growth of the Russian Federation.

The government said that the project stipulates a profit of 13,488 trillion rubles ($214.8 trillion) for the year 2017, expenses of 16,241 trillion rubles, and deficit of 2,753 trillion.

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