Russia's consolidated budget surplus exceeds 1 trln rubles in January-July - Treasury

MOSCOW. Sept 5 (Interfax) - Russia's consolidated budget surplus totaled around 1.014 trillion rubles in January-July 2024 according to preliminary estimates, the Federal Treasury said in materials posted on its website.

Consolidated budget revenues totaled around 39.513 trillion rubles and expenses totaled about 38.499 trillion rubles in January-July.

Russia's federal budget deficit totaled around 1.098 trillion rubles in January-July. The Finance Ministry had earlier preliminarily estimated a federal budget deficit of 1.362 trillion rubles in January-July 2024.

The indicator was adjusted mainly owing to the downward revision in total expenses, which the Treasury said totaled around 20.851 trillion rubles and the Finance Ministry had previously estimated at 21.109 trillion rubles.

Federal budget revenues totaled around 19.753 trillion rubles in January-July.