Russia Posts 6-Month Budget Surplus of 247.4 Billion Rubles

Russia’s federal budget had a surplus of 247.4 billion rubles ($7.56 billion) in the first six months of the year, equivalent to 0.9 percent of gross domestic product, the Finance Ministry said on its website today.

Revenue in the period was 6.199 trillion rubles, and spending was 5.952 trillion rubles, the ministry’s data show.

To contact the reporter on this story: Alex Nicholson in Moscow at anicholson6@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.