Russia to get $6.35 billion in extra oil and gas revenues in June-finance ministry

  Russias finance ministry on Friday said it expects to receive 393 billion roubles ($6.35 billion) in additional oil and gas revenues this month.

Illustration

  The Russian budget is set to record total additional receipts of 656.6 billion roubles in May-June thanks to higher-than-expected oil prices, it said in a statement.

  Due to the temporary suspension of certain provisions of the budget rule, the ministry does not plan to conduct market forex operations this year, it said.

  ($1 = 61.9000 roubles)

  (Reporting by Reuters)

About the Author

You may also like these