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State Duma Approves Amendments to 2013 Budget

© RIA Novosti . Vladimir Fedorenko / Go to the mediabankState Duma
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The lower chamber of the Russian parliament, the State Duma, on Friday approved in the third and final reading the amendments to the country’s 2013 budget.

MOSCOW, May 24 (RIA Novosti) - The lower chamber of the Russian parliament, the State Duma, on Friday approved in the third and final reading the amendments to the country’s 2013 budget.

The main parameters - the overall budget incomes and expenditures and the budget deficit - remain the same.

The bill re-allocates 171.2 billion rubles ($5.5 billion), including directing additional 64.6 billion rubles ($2 billion) for social projects and 72.9 billion rubles ($2.3 billion) for measures to support economy.

Extra funds of 14.9 billion rubles ($475 million) will be allocated to support projects in science, culture and sports, including 6.1 billion ($194.7 million) to prepare ceremonies to open and close the 2014 Sochi Winter Olympics.

 

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