РИА Новости54 minutes agoBusiness1 min readRussia

Peskov commented on the Russian budget deficit and the issue of taxes

The budget deficit indicators are moving, tax increases have not been discussed, the presidential press secretary said

Quick Look

The federal budget deficit of the Russian Federation for January - August amounted to 2.5% of GDP, with the government's annual forecast of 1.6%.
Presidential spokesman Dmitry Peskov said that the indicators are moving and tax increases have not been discussed.

AI-generated summary

Why It Matters

Earlier, the Ministry of Finance reported that the budget deficit for January-August amounted to 2.5% of GDP, compared with the forecast figure of 1.6%.

Font size

MOSCOW, September 9 - RIA Novosti. The budget deficit indicators are moving; tax increases have not been discussed in Russia, said Dmitry Peskov, press secretary of the Russian President.

Earlier, the Ministry of Finance reported that the budget deficit for January-August amounted to 2.5% of GDP. At the same time, the Russian government predicted the figure for the year at 1.6%.

Open Questions

How does the government intend to cover the growing budget deficit?
Will official forecasts change for the year?