Russia may end up year with 0.3% budget surplus

Russia may end the year with a budget surplus of 0.3% GDP due to higher revenues and spending cuts, a deputy finance minister said on Tuesday. “Under the budget plan, we have 0 but in reality it will be 0.3 [% GDP],” Tatiana Nesterenko said. She said extra budget revenues would be 78-80 billion rubles […]