Bank Of Baku

Russian Finance Ministry: Declining oil and gas revenues could create budget deficit

Russian Finance Ministry: Declining oil and gas revenues could create budget deficit
# 21 January 2026 12:52 (UTC +04:00)

Lower-than-planned oil and gas revenues may lead to a deficit in the federal budget at the beginning of the year, Russian Deputy Finance Minister Vladimir Kolychev told journalists, APA reports.

According to him, oil prices remain low in January, which creates a shortfall in oil and gas revenues.

“Due to oil and gas revenues being lower compared to last year, the situation will be somewhat more severe,” Kolychev said.

 

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED