Russia's Finance Ministry: drop in oil and gas revenues not to affect budget
The Russian budget at the end of March received additional revenues in the amount of 2.5 trillion rubles, Finance Minister Anton Siluanov said in the ‘Moscow. Kremlin. Putin’ program on the Rossiya-1 TV channel. Journalist Pavel Zarubin posted the fragment of the program on his Telegram channel.
"Only the day before, the treasury received additional 2.5 trillion rubles. Yes, we see that there is a slight decrease in oil and gas revenues, because the prices parameters for energy resources are somewhat different from what is included in the budget. But I am sure that we will fulfill all obligations," Anton Siluanov said.
In March, Prime Minister Mikhail Mishustin reported that the Russian budget deficit was 3.3 trillion rubles ($42.5 bln). According to the Electronic Budget system, as of March 28, federal budget revenues amounted to 3.49 trillion rubles ($45.017 bln), expenditures - 7.50 trillion rubles ($96.7 bln). Thus, the budget deficit at the end of March was more than 4 trillion rubles ($51.5 bln).
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