The Russian Parliament has passed the bill on the federal budget for 2012 and plan for 2013 and 2014 in the third reading, Interfax reports.
300 deputies voted for and 78 against, no one abstained. The budget deficit in 2012 will reach 876.5 billion rubles (1.5% of GDP) in 2013 – 1.023 trillion rubles (1.6% of GDP) in 2014 – 491.118 billion rubles (0.7% of GDP).
Income is expected to reach 11.779 trillion rubles in 2012, 12.705 trillion rubles in 2013, 14.091 trillion rubles in 2014. Expenses may reach 12.656 trillion rubles in 2012, 13.730 trillion rubles in 2013, 14.582 trillion rubles in 2014.
