The government has accepted the budget for the next three years of RBC

the Government of Russia has accepted the Federal budget for 2017 and the planning period of 2018 and 2019. The corresponding decree was signed by Prime Minister Dmitry Medvedev, published on the Internet-portal of legal information.

the Main administrators of Federal budget revenues, says the document, measures must be taken to ensure the receipt of taxes, fees and other mandatory payments as well as debt reduction on their payments, and the implementation of measures that prevent its occurrence.

the Decree comes into force from 1 January 2017.

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the Law on the Federal budget for 2017 and the planned period of 2018-2019 was signed by the President of Russia Vladimir Putin on 20 December. The law was passed by the Parliament on 9 December 2016 and approved by the Federation Council on 14 December 2016.

According to the law, the volume of Russia’s GDP in 2017 will be 86,806 trillion rubles, the volume of Federal budget revenues — 13,4876 trillion rubles, expenditures — 16,24 trillion Federal budget Deficit defined in 2,7532 trillion rubles, inflation not expected to exceed 4%.