16 Mar 2011 17:48

Russia may balance budget this year with high oil prices - Ulyukayev

MOSCOW. March 16 (Interfax) - Russia might not end this year with a federal budget deficit thanks to expensive oil, First Deputy Chairman of the Central Bank of Russia Alexei Ulyukayev said.

"I am deeply convinced that we might balance the budget as early as this year," he said at a Wednesday conference in Moscow.