Russian finance ministry to borrow less in 2018 due to lower deficit: minister

Russian finance ministry to borrow less in 2018 due to lower deficit: minister

SERGEI KARPUKHIN

"The deficit is shrinking this year and total borrowing volumes will be less than in 2017," he said. "The total amount of revenues... including from oil... will be enough to cover borrowing needs if we decide not to tap the market."

(Reporting by Katya Golubkova; Editing by Jack Stubbs)

TOP READS FROM THE FISCAL TIMES