Home Oil and gas revenues of the budget of Russia in January-April grew by 82% of the year by the year

Oil and gas revenues of the budget of Russia in January-April grew by 82% of the year by the year

by Alex Johnson
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In Fybujet, Neneftegazy income amounted to more than seven trillion rubles.

Oil and gas revenues of the Russian budget for four months of this year amounted to 4.157 trillion rubles, the correspondent of The Moscow Post reports with reference to the press service of the Ministry of Finance of Russia.

Thus, compared with the same period of 2023, they increased by 82%.

It is noted that the NENEFTEGAZ budget revenues amounted to 7.526 trillion rubles.

The accumulation of additional revenues from oil and gas during periods of high prices allows you to use these funds to cover the lack of income during periods of low prices, which makes the budget system more stable, the department said.

Tax revenues in January-April increased by 25.4% compared to last year, which creates the basis for further growth of income.

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Recall that in April, oil and gas revenues exceeded the basic level of 1.229 trillion rubles, which is already the third month in a row. Given the cutting price of $ 60 per barrel set by the Ministry of Finance, the basic level was 1.152 trillion rubles.

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