Posted on 05/12/2003 8:34:02 AM PDT by RussianConservative
MOSCOW (Reuters) -- The budget surplus, boosted by high oil prices and lower debt payments, surged in the first four months of the year, according to preliminary data released Thursday.
A Finance Ministry official said the surplus hit 31.7 billion rubles ($1 billion), or 0.8 percent of gross domestic product. That compares with a 1.95 billion ruble surplus, or 0.1 percent of GDP, in January-March.
The primary surplus, which excludes foreign debt payments, amounted to 121.3 billion rubles, or 3.2 percent of GDP, he added.

Okay. I believe it was Putin's Russia that passed into law a 13 % flat tax on incomes?
Be Seeing You,
Chris
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