The draft, which envisages a deficit of 3.9 percent of gross domestic product, was submitted to parliament last week.
The loans from Moscow, totalling almost $150 billion, were offered to developing countries and other "friendly states" during the Soviet era. Officials said earlier this year Russia could not expect to get more than $100 billion back.
The document said Russia expected to spend $8.5 billion in 1996 to service its debts to Western creditors.
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