Bloomberg News

Siluanov Sees 5.4% Deficit Next Year If Crude Prices Average $60

October 10, 2011

Oct. 10 (Bloomberg) -- Russia may run a budget deficit of 5.4 percent of gross domestic product if oil prices average $60 a barrel and post a fiscal gap of 2.5 percent with $90 oil, acting Finance Minister Anton Siluanov told reporters in Moscow today.

To contact the reporter on this story: Scott Rose in Moscow at rrose10@bloomberg.net

To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net


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