Putin has allocated 1.6 trillion rubles to cover the budget deficit.

SyuzhetyIzmeneniya in the budget for 2009-2011 gody13.03.2009Pravitelstvo increased expenditure budget 2009Premer-minister of Russia Vladimir Putin has ordered contingency fund more than 1.6 trillion rubles to cover the deficits of the federal budget. That was reported by Interfax. " This amount is in the first half of 2009. Earlier, Minister of Finance of Russia Alexey Kudrin said that Russia's budget deficit will be met from the contingency fund until the mid-2011.
Now the government of Russia on behalf of the Prime Minister was reviewing the parameters of the budget for 2009. The document is reviewed on the basis of forecasting oil prices of 41 dollars per barrel, rather than 95 dollars, as provided for in the current version of the budget, adopted in November 2008. Consideration of a new version of the budget assigned to the Government by 19 March 2009.
According to preliminary estimates, the budget deficit, 2009 will be eight per cent of GDP. According to Kudrin, the difference between income and expenditure will be met from the contingency fund, which, as of March 1 this year is 4.87 trillion rubles. Revenue Budget-2009 to 42 per cent less than in the year 2008 and will be 6.3 trillion rubles. The costs projected at 9.5 trillion rubles.
March 10, 2009 Kudrin announced that in 2011 Russia's budget deficit will be borne not only by the Reserve Fund, but also by borrowing. "The second half deficit on the basis of 3 per cent deficit of the federal budget in 2011, we will borrow," - said the Russian minister.
Earlier it was reported that the government of Russia has temporarily waived the budget planning for a three-year period. Thus, the budgets of the 2010 th and 2011's were considered invalid. Refusal of a three-year plan linked to the fact that in the current global financial and economic crisis the Government is difficult to predict the development of the situation at this time. Russia has moved to a three-year budget planning in 2007, when it was first approved by the Budget for 2008-2010.
Recall that in February 2009, Russia became a budget deficit. According to preliminary data, the figure stood at 243.54 billion rubles. During the first two months of 2009 budget was profitsitnym - income exceeded expenditure by 116.3 billion rubles. In January of this year, the surplus reached 359.84 billion rubles. Recall that in the last two months of last year, Russia was also the budget deficit. In November, the figure reached 270 billion rubles, and in December - 805 billion rubles.