The Russian government has approved the adjusted budget for 2009.

SyuzhetyIzmeneniya in the budget for 2009-2011 gody18.03.2009Minfin new balanced budget by reducing spending on oboronuPravitelstvo Russia at a meeting on Thursday, March 19, approved the amended draft budget for 2009 and plans to make it to the State Duma in the near future. That was reported by RIA Novosti with reference to the statement made by the head of the Russian Federation Ministry of Economic Development Elvira Nabiullina at a briefing on the meeting of Cabinet.
For the first time in eight years, the Government approved a deficit budget - the deficit will be 7.4 percent of GDP. In the first version of the budget for 2009, adopted in 2008, planned a small surplus. Revision of the financial instrument has been caused by the impact of the global financial crisis.
The corrected version of the federal budget a reduction in revenues from 10.9 trillion to 6.7 trillion rubles. Expenditures increased from 9 trillion to 9.6 trillion rubles.
Thus, the budget deficit will be about 3 trillion rubles. Cover it planned from the contingency fund, and by borrowing. The government plans to spend in 2009 for the purpose of about 2.7 trillion rubles, ie 55 per cent from the current level of the Reserve Fund. Additional budget expenditures to implement anti-crisis program will be 1.6 trillion rubles.
In addition, at the meeting for further discussion of the program was approved by the crisis. April 10, it will make to the government, reported Nabiullina.