Russia’s budget deficit may reach $24.61 bln in January
"According to preliminary estimates, the volume of federal budget revenues in January 2023 amounted to 1.356 trillion rubles, which is 35% lower than the volume of revenues in January 2022," the Ministry of Finance says.
Russia’s federal budget deficit may amount to 1.76 trillion rubles ($24.61 bln), according to preliminary estimates of the Ministry of Finance.
"According to preliminary estimates, the volume of federal budget revenues in January 2023 amounted to 1.356 trillion rubles, which is 35% lower than the volume of revenues in January 2022," the ministry said on Monday.
The preliminary volume of expenditures of the Russian budget in January reached 3.117 trillion rubles ($43.58 bln), exceeding the figures for the same period last year by 59%.
The ministry also added that oil and gas revenues of the Russian budget, according to preliminary data, amounted to 426 bln rubles ($5.96 bln) in January 2023 and decreased by 46% compared to January 2022.
Source
Russia’s federal budget deficit may amount to 1.76 trillion rubles ($24.61 bln), according to preliminary estimates of the Ministry of Finance.
"According to preliminary estimates, the volume of federal budget revenues in January 2023 amounted to 1.356 trillion rubles, which is 35% lower than the volume of revenues in January 2022," the ministry said on Monday.
The preliminary volume of expenditures of the Russian budget in January reached 3.117 trillion rubles ($43.58 bln), exceeding the figures for the same period last year by 59%.
The ministry also added that oil and gas revenues of the Russian budget, according to preliminary data, amounted to 426 bln rubles ($5.96 bln) in January 2023 and decreased by 46% compared to January 2022.
Source