Russia quitting oil dependency – Putin ...News

Russia Today - Economy
Russia quitting oil dependency – Putin
source : Russia Today ( News ) () 45
Other sectors such as trade and services are developing, the president said at SPIEF The Russian budget has reduced its dependency on oil revenues, President Vladimir Putin said on Friday at the St. Petersburg International Economic Forum.  Addressing the forum, the president reminded the audience that the country has long strived to diversify its income sources and reduce the share of exports of natural resources such as oil and gas in its budget revenue. “We’ve always wondered when Russia is going to finally reduce its dependency on oil? Here, the trend is gradually gaining momentum,” the president said. In May,

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