Russian budget revenue up 50% in June to 1.26 trln rubles - MinFin
MOSCOW. July 13 (Interfax) - Russian federal budget revenue grew 50% in June compared with May to 1.258 trillion rubles from 810.663 billion rubles, the Finance Ministry said in a preliminary budget performance estimate.
Revenue for the first half of the year was 6.619 trillion rubles or 53% of the year's target.
Budget spending came to 1.204 trillion rubles in June, up from 847.7 million rubles in May. Spending in H1 2015 was 7.508 trillion rubles, or 49.4% of the year's target.
The budget deficit was 889.306 billion rubles or 2.6% of GDP in H1.
The primary federal budget deficit was 625.96 billion rubles or 1.8% of GDP in H1.
Oil and gas revenue was 2.976 trillion rubles and non-oil revenue was 3.649 trillion rubles.
Tax revenue was 3.576 trillion rubles or 56.9% of forecast revenue for the year, customs revenue was 2.265 trillion rubles, or 46.9%, and property revenue was 11.878 billion rubles or 5.7%.
Other federal revenue was 766.477 billion rubles or 63.1%. Excluding revenue from transfers of a portion of the profit of the Central Bank and from the management of funds from the Reserve Fund and the National Welfare Fund, this revenue totaled 528.586 billion rubles or 56.3% of the budgeted figure for 2015