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Medvedev signs bill on 2007 budget performance
RBC, 05.12.2008, Moscow 12:18:34.Russian President Dmitry Medvedev has signed a bill on the execution of the federal budget in 2007, which was passed by the State Duma on November 19 and the Federation Council on November 26, 2008, the leader's press office reported today. According to the document, the federal budget's revenue stood at RUB 7.781 trillion (approx. USD 278.29bn), o 104.5 percent of the target figure, while expenditures amounted to RUB 5.987 trillion (approx. USD 214.13bn). The budget surplus reached RUB 1.795 trillion (approx. USD 64.2bn). Meanwhile, Russia's GDP stood at RUB 32.987 trillion (approx. USD 1.18 trillion), having increased 8.1 percent compared to 2006. At the same time, inflation climbed to 11.9 percent against 9 percent in 2006.
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