Russia will go through the world with an outstretched hand

The Russian authorities have to finance a budget deficit of 2011 and 2012 mainly due to internal and external borrowing, the report says the World Bank (WB) on the Russian economy. The World Bank predicts that the budget deficit (including off-budget funds) would be 4.6% of GDP in 2010 and 3,8% of GDP in 2011, taking into account the additional costs of providing pensions. Earlier, the World Bank predicted that the 2010 budget deficit will amount to 3% in 2011 - will be zero. "Despite the slight increase in oil price forecast for this year, the deterioration of the projected state budget, compared with the last" Report on the Russian economy "due to a significant additional increase in budget expenditures on the financing of pensions",