Reuters/RIA Novosti Roughly 40% of Russia's federal budget revenues come from oil federal budget. Russia expects oil revenue to jump five-fold. Russia to post a budget surplus for the first time since 2011. Due to the oil price rally, Russia expects its oil and gas revenues to jump fivefold compared to the expected revenues set in its 2018 budget, according to the Finance Ministry that now expects Russia to post a budget surplus for the first time since 2011. Oil and gas exports account for arou...
Reuters/RIA Novosti Roughly 40% of Russia's federal budget revenues come from oil federal budget. Russia expects oil revenue to jump five-fold. Russia to post a budget surplus for the first time since 2011. Due to the oil price rally, Russia expects its oil and gas revenues to jump fivefold compared to the expected revenues set in its 2018 budget, according to the Finance Ministry that now expects Russia to post a budget surplus for the first time since 2011. Oil and gas exports account for arou...
Share this Article
Recommended