“There are several scenarios, all of which are not very optimistic. For the base, we took the scenario of GDP reduction by 5% this year, which corresponds to the Central Bank estimates. Budget revenues will be about 4 trillion rubles less than planned ... the budget deficit will be about 4% of GDP, ”he said in an interview with Vedomosti.
At the same time, Siluanov emphasized that the government will use the funds of the National Wealth Fund and loans to finance current liabilities and anti-crisis programs.
“To finance additional costs associated with supporting the economy, the proceeds from the acquisition of Sberbank from the Central Bank will be used, which is 1.07 trillion rubles. this year, ”the minister added.
Earlier, the Head of the Ministry of Economic Development of Russia Maxim Reshetnikov said that the Russian budget deficit in 2020 is still estimated at 5-6% of GDP.