Putin expects extra oil and gas revenue for the budget

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Putin expects extra oil and gas revenue for the budget

Putin expects extra oil and gas revenue for the budget – RIA Novosti, 04/11/2023

Putin expects extra oil and gas revenue for the budget

Russian President Vladimir Putin said it is expected that in the second quarter more money will come to the budget thanks to additional oil and gas revenues. RIA Novosti, 04/11/2023

2023-04-11T17:55

2023-04-11T17:55

2023-04-11T17:55

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MOSCOW, April 11 – RIA Novosti. Russian President Vladimir Putin said it is expected that in the second quarter more money will come to the budget thanks to additional oil and gas revenues. He noted that in the first quarter of this year, non-oil and gas revenue increased by about 14%, while oil and gas revenue decreased by about 1.3 trillion rubles, which is mainly due to the high base and peculiarities of the price environment in world markets last year. He stressed that the external risk factors for the economy have not gone away.

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economy, russia, vladimir putin

Economy, Russia, Vladimir Putin

Putin expects extra oil and gas revenue for the budget

MOSCOW, April 11 – RIA Novosti. Russian President Vladimir Putin said it is expected that in the second quarter more money will come to the budget thanks to additional oil and gas revenues.

He noted that in the first quarter of this year, non-oil and gas revenue increased by about 14%, while oil and gas revenue decreased by about 1.3 trillion rubles, which is mainly due to the high base and peculiarities of the price environment in world markets last year.

“It is expected that by the end of the second quarter, in the context of rising oil prices, the situation will change, additional oil and gas revenues will start flowing into the budget,” said Putin at a meeting on economic issues.

He stressed that the external risk factors for the economy have not gone away.

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