Russian finmin: Hitting budget deficit of 2% of GDP depends on oil and gas - agencies

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, April 28 (Reuters) - Russia's forecast of a 2023 budget deficit of no more than 2% of gross domestic product (GDP) remains in force, Finance Minister Anton Siluanov said on Friday, but promising a deficit of exactly 2% of GDP is wrong as much depends on oil and gas, agencies reported.


Siluanov was also cited as saying that Russia would begin exchanging sovereign Eurobonds for rouble-denominated OFZ treasury bonds by the end of the year.
(Reporting by Reuters; Writing by Alexander Marrow)

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