14.09 Macroeconomic Сhanges to Cost Russian Budget Over $15 Bln in 2015-2017

MOSCOW, September 14 (RIA Novosti) - Changing macroeconomic parameters are going to take a heavy toll on the Russian budget, trimming its revenues by a hefty 570 billion rubles, or over $15 billion, in 2015-2017, Russia's finance minister, Anton Siluanov, said Sunday.

“Our macroeconomics has changed. As a result of macroeconomic [changes], we are to fall short next year of 80 billion rubles [$2.1 billion], by 220 billion rubles in 2016, and by 270 billion rubles in 2017,” Siluanov told journalists.