Russia’s Budget Deficit Jumps Amid Plunging Oil Revenues ...Middle East

OILPRICE - Economy
Russia’s Budget Deficit Jumps Amid Plunging Oil Revenues
Russia’s budget was $24.7 billion (1.76 trillion rubles) into deficit in January, compared to a surplus for January 2022, as state revenues from oil and gas plunged by 46.4% due to the low price of Urals and lower natural gas exports, the Russian Finance Ministry said in preliminary estimates. Total budget revenues slumped by 35% last month compared to the same month of 2022, while overall budget expenditures jumped by 58.7% year-on-year in January, the ministry’s data showed.   Russia’s non-oil and gas revenues also dropped,…

Hence then, the article about russia s budget deficit jumps amid plunging oil revenues was published today ( ) 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’s Budget Deficit Jumps Amid Plunging Oil Revenues )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News