Head of the Russian Ministry of Finance Anton Siluanov said that the ministry must ensure the implementation of the budget regardless of the external situation. His words guide the way RBC.
“Our duty is to ensure that our obligations, the decisions taken by the government, are fulfilled, regardless of the external situation,” the minister emphasized.
The budget rule aims to soften the fluctuations in oil prices in case the situation in the Middle East worsens again or after the presidential elections in the USA.
“We are planning a budget with a base oil price of $60 per barrel. If there is a higher amount, it will go to the National Welfare Fund (NWF). If the price is lower, we will receive money from the Fund,” Siluanov noted.
Also Siluanov statedThe share of non-oil and gas revenues in the federal budget of the Russian Federation is currently two thirds. According to the minister, oil and gas revenues will account for 27% of total revenue next year and 23% in 2027.
Formerly Ministry of Finance of Russia spoke For the sale of unnecessary assets to the state.