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Russian Budget Not Dipped: Finance Minister

ENERGY

The Russian budget has not experienced a dip in revenues at present according to Finance Minister Anton Siluanov at the St. Petersburg International Economic Forum today.

  • "We have no shortfall in revenues so far. We receive even higher revenues than last year at the expense of the good price for our energy commodities. We do not know whether this continues. Therefore, we need to determine our budget abilities on the basis of such moderately conservative approaches to forecasting the revenue element of the budget," Siluanov said.

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