Duma finally allowed the Government to adopt the budget deficit.

SyuzhetyIzmeneniya in the budget for 2009-2011 gody26.03.2009Pravitelstvo decided to sequester the budget in 2010 and 2011 godahKommentarii (Anti) byudzhet20.03.2009Vpervye crisis in eight years the Russian government approved a deficit byudzhetEkonomika dual dnom23. 03.2009Pravitelstvo hurried to "withdraw" from Russia State Duma approved krizisaDeputaty immediately in the second and third reading amendments to the Budget Code (BC), which requires the Government to adopt the budget deficit for 2009. That was reported by RIA Novosti.
In particular, the amendments stipulate that by 2013 BC suspended rules limiting the amount of the deficit budget of Russia in the amount of one percent of projected GDP. Also, the document is permitted to use the contingency fund to ensure a balanced budget.
Now the government of Russia will be able to make the Duma a draft amended budget for 2009 approved by Cabinet on 19 March.
The budget deficit in 2009 will be 7.4 percent of GDP, whereas in the first version of the budget for 2009 adopted by Parliament in 2008, planned a small surplus. In 2010 and 2011 budget deficit will also be - 5 and 3 percent respectively.
In 2009, the budget deficit will be about 3 trillion rubles. Cover it planned from the contingency fund. It is anticipated that the budget deficit will be borne by the fund until the middle of 2011, as well as through borrowing, possibly in the domestic market.
Russia now actually live with the budget, which is built on the basis of the forecast oil prices of $ 95 per barrel. At the same time raw materials are traded on stock exchanges at a price below 50 dollars a barrel. When preparing a new version of the budget officials assumed oil prices of 41 dollars a barrel.