Quarter of Russia's Budget to Become Classified by 2016

Аннотация
Almost one-quarter of government spending in Russia is to become classified within the next three years, according to findings by a Moscow research institute that will raise concerns of decreasing economic transparency in a country already plagued by corruption.

Vedomosti business daily said in a report Monday, citing a study by the Gaidar Institute for Economic Policy, that details of 24.8 percent of federal spending will become classified by 2016. The institute estimates that almost 16.7 percent of the state budget will be classified in 2014, and that the figure will rise to 21.4 percent the following year.