Page 41 - RusRPTJuly18

5.3 FDI
Russia -FDI 2011 2012 2013 2014 2015 2016 2017*
FDI Net (BoP) (USD mn)
11,767 -1,765 17,288 35,051 15,232 -10,225 /
FDI net inflows (BoP)
55,084 50,588 69,219 22,031 6,854 32,539 25,338 (Jan-Sep)
FDI net inflows (% of GDP)
2.69 2.29 3.01 1.07 0.50 2.54 /
FDI net outflows (% of GDP)
3.26 2.21 3.77 2.78 1.62 1.74 /
source: World Bank
6.0 Public Sector 6.1 Budget
The State Duma at a meeting on June 19 adopted in the second reading amendments to the draft law on the Russian federal budget for 2018.
The revenues of the treasury in comparison with the previously planned increase by RUB1.8 trillion. up to RUB17.07 trillion. The growth is provided by additional oil and gas revenues (RUB1.76 trillion) due to the increased oil prices, non-oil and gas revenues will grow only by RUB59.8bn rubles.
Expenses will increase by RUB62bn. up to RUB16.59 trillion. As a result, the budget deficit instead of 1.3% of GDP will decrease to 0.5% of GDP, or RUB482bn. All superfluities from oil, which are forecasted this year at a rate of RUB2.74 trillion, according to the budgetary rule, the Ministry of Finance will send to reserves.
RUSSIA Country Report July 2018 www.intellinews.com