Russia Looks to Reduce Dependence on Oil in Its Budget Revenues ...Middle East

Russia is looking to minimize the impact of volatile oil and gas prices on its budget revenues and sees the share of oil and gas sales of its state income declining, Russian Finance Minister Anton Siluanov has said. “We are moving towards reducing the share of volatile income and reducing Russia's dependence on oil and gas in favor of boosting our domestic economy,” Siluanov told RT Television’s Arabic news service in an interview, as quoted by Russian media. A few years ago, oil and gas revenues made up 35-40% of Russia’s…

Hence then, the article about russia looks to reduce dependence on oil in its budget revenues was published today ( Thursday 10/10/2024 - 01:04 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Russia Looks to Reduce Dependence on Oil in Its Budget Revenues )

Also on site :

• Tata Communications Unveils Self-Healing Network, Marks New Frontier in Global Data Centre Connectivity
• Iranian Drone Sets Kuwaiti Oil Tanker on Fire
• Applied Computing forges strategic partnership with Wipro and Databricks to accelerate the energy transition through physics-informed AI