Russian FinMin expects budget surplus, not deficit, for 2018
MOSCOW, May 11 (Reuters) - The Russian Finance Ministry expects the budget for 2018 to run a surplus, not a deficit, for the first time since 2011 thanks to rising oil prices, a draft law on the budget showed late on Thursday.
It said the budget is expected to run a surplus of 440.6 billion roubles ($7.15 billion), or 0.45 percent of the gross domestic product.
($1 = 61.6455 roubles) (Reporting by Darya Korsunskaya and Anton Kolodyazhnyy; writing by Vladimir Soldatkin; Editing by Sunil Nair)
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