Russian President Vladimir Putin on Tuesday predicted that gas and oil revenues of the federal budget, which fell by 45% in the first quarter compared to the same period in 2022, will normalize by the end of the second half of the year.
“By the end of the second quarter, it is expected that in the context of rising oil prices, the situation will change and additional oil and gas revenues will begin to flow into the budget,” Putin said at a meeting with members of parliament. Russian government on the socio-economic development of the country.
From January to March, the contribution of gas and oil to the Russian state treasury amounted to 1.6 billion rubles (18,744 million euros), a 45% decrease compared to the first three months of 2022.
Author: Portuguese
Source: CM Jornal
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