The head of the Ministry of Finance spoke about providing revenue to the Russian budget 08:22

Russia’s budget situation is under control and revenues have exceeded the Ministry of Finance’s initial expectations. In this respect RIA News said the country’s Finance Minister Anton Siluanov.

According to him, budget revenues are going well and have exceeded the expectations of the Ministry of Finance. “It is clear that the increase in interest rates affects economic activity, but we hope that downward inflation dynamics will allow the regulatory authority to soften monetary policy,” Siluanov said.

He said Russia’s budget deficit in January 2024 was 308 billion rubles, or 0.2% of the country’s GDP. At the same time, revenue from the sale of oil and gas amounted to 675 billion rubles (58.7% increase compared to January 2023), and other revenues amounted to 1.721 trillion rubles (84.8% increase compared to January last year).

Also Anton Siluanov statedIt is stated that any action against Russia’s assets frozen abroad will have a symmetrical reaction. According to him, the ministry monitors the decisions of Western countries regarding the gold and foreign currency reserves of the Russian Federation.

Previously at the European Commission in the name The amount of Russian sovereign assets frozen in the European Union.

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Source: Gazeta

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