Author`s name Pravda.Ru

Draft Budget 2001 adopted

The Russian State Duma adopted the Draft Budget 2001 after fourth and final reading on Thursday. Budget revenues and expenditures are earmarked at RUR1,193bn each(about $39.78bn), the GDP is estimated at RUR7,750bn (about $258.3bn) and the inflation rate at 12 per cent in 2001. The budget will be forwarded to the Federation Council, which will discuss the bill on December 22, Ria-Novosti reports. The State Duma passed the budget by 307 votes for, 108 votes against without abstentions.