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. Last Updated: 07/27/2016

Parliament Debates 2001 Budget

Russia's lower house of parliament Friday resumed debate of the 2001 budget and was expected to pass the draft on a third reading late in the day.

The chamber was considering a package of about 5,000 proposed amendments to the draft, which is to be the country's first balanced budget since the 1991 Soviet collapse. A fourth and final reading was tentatively scheduled for Dec. 14.

The government won the State Duma's approval on the second reading by agreeing to redistribute spending to boost allocations for the military, education and science.

The Communist Party said it would vote against the budget Friday, but that would not prevent the draft from garnering the 226 votes necessary to pass it.