Bank Of Baku

Russia’s budget predicted to cover oil price of 40 USD per barrel

Russia’s budget predicted to cover oil price of 40 USD per barrel
# 15 January 2009 10:27 (UTC +04:00)
Moscow-APA. The government will publicize state budget on oil price on January 19. New forecasts cover an oil price of 40 USD per barrel. Deputy Prime Minister Igor Shuvalov proposed an oil price of 30ysd per barrel. Economic Development Ministry predicted an oil price of 50 dollars per barrel. Ministry of Finance had 270 mln deficits as a result of decrease of oil price in November, 2008.
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