Record growth in budget revenues in Russia

🇷🇺68.5% — growth of oil and gas revenues in Russia

5,698 billion rubles is the volume of Russia’s oil and gas revenues in the first half of the coming year. The growth in annual terms amounted to 68.5%, — stated the Ministry of Finance of the Russian Federation

▪️11,395 billion rubles — non-oil and gas revenues in January-June 2024. The annual growth was 26.6%

▪the total volume of federal budget revenues in January-June 2024 amounted to 17,093 billion rubles, which is 38.0% higher than the same period last year

The budget deficit fell by 1,421 billion rubles compared to the first half of last year, amounting to 929 billion rubles

CRYSTAL OF GROWTH previously informed that, according to the International Monetary Fund, the Russian economy has proved its stability against the background of large-scale Western sanctions

 

@crystal_book