The stake of oil and gas revenue in consolidated budget of Russia to fall to 21% in 2015
Edited by Rhod Mackenzie / 2015-09-17 01:25:35
The stake of oil and gas revenue in the consolidated budget of Russia will fall to 21% in 2015. There is no dependence of the Russian budget on oil and gas which was present a year ago, deputy Minister of Finance, M. Oreshkin, said.
The risks connected with the dependence on oil and gas were mentioned. But in the consolidated budget the stake of oil and gas revenue will fall to 21% only of the total volume this year. This is a serious fall and such a stake of oil and gas revenue means that there is no such dependence on oil and gas, Oreshkin said.