Russian Duma clears 2008-2010 budget in 2nd reading |
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Fri, 29 Jun 2007 18:31
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MOSCOW (Thomson Financial) - The Duma, or lower house of the Russian parliament, has approved the 2008-2010 budget in its second reading.As in its first reading in May, the budget forecasts a surplus of 0.2 pct of GDP for 2008, an 0.4 pct surplus for 2009, and a balanced budget in 2010.The third reading is scheduled for July 6.The budget is the first of its kind, as it runs over three years. It has also been voted on earlier in the year than usual.tf.TFN-Europe_newsdesk@thomson.combsd/lam/rfwCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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THOMSON FINANCIAL NEWS TOP STORIES Macroeconomics 15:30 BST 