Balanced budget for 2017-19 priority for russian government

The Russian state budget for 2017-2019 should be formed based on a scenario that takes into account the worldwide price of oil and the sanctions imposed in Moscow. This was stated by Russian Prime Minister Dmitry Medvedev.

"I have held several sessions, in which we discussed common approaches to the formation of the working budget. There are several development scenarios. But there is a common understanding that during the drafting of the budget is necessary to rely on a traditional approach or if you will, a pessimistic scenario on issues relating to factors that generate our budget "looking in particular" oil prices, the prices of other raw materials, as well as restrictions of sanctions that are still in force", adding that the Russian government could discuss the draft budget for 2017-2019 in October.