MOSCOW Feb 21 Russia may see a balanced budget
this year, which puts the country in a better position than
other emerging markets to fend off the impact from the U.S.
decision to curb its monetary stimulus, Finance Minister Anton
Siluanov said on Friday.
Speaking to investors in Hong Kong, Siluanov said that the
ministry had penned in a budget deficit of 0.5 percent of gross
domestic product this year, but that its conservative fiscal
policy may lead to balanced books.
"I think that this year we may see a deficit-free budget,
while at the same time we see rather stable deficits in other
emerging markets," Siluanov said.
Siluanov is en route to Sydney for the meeting of finance
ministers and central bank governors from the Group of 20
developed and developing nations.
(Reporting by Daria Korsunksya and Lidia Kelly; Editing by