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Russia Aims at Non-Deficit Budget by 2017 With Oil at $70 Per Bbl

Russia’s revised governmental anti-crisis plan forecasts a non-deficit budget by 2017 if oil prices remain above $70 per barrel, Russian Finance Minister Anton Siluanov said Tuesday.


“It’s written in the anti-crisis plan that we will conduct a careful budget policy and by 2017 we have the goal of a non-deficit budget with a forecasted price for oil at $70 per barrel,” Siluanov told journalists.

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