In the aftermath of the late 2000s global economic crisis, Russia's state budget went into deficit for the first time in years. Kudrin has said that the projected budget deficit is to total 3.6% in 2011, 3.1% in 2012 and 2.9% in 2013. The deficit will be covered primarily through expanded market borrowing. Russia conducted its first international debt sale since 1998 in April 2010, raising $5.5bn on the international markets. According to Kudrin, the government's aim is to attain a deficit-free budget by 2015, based on projected $75–78 oil prices per barrel. Kudrin has said that the Reserve Fund, accumulated before the crisis, will run out in 2011. Consequently, Kudrin warned that Russia will soon have to adjust to being a country, just "like everyone else" and called for a more effective use of state funds.
