Finance Ministry to sell yuan for 34.9 billion rubles in July – Kommersant
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The Ministry of Finance reported that the federal budget in July 2023 may receive less than 4.5 billion rubles. oil and gas revenues. Thus, the volume of currency sales under the budget rule in the period from July 7 to August 4 will amount to 34.9 billion rubles. Daily will be sold at 1.7 billion rubles.
“The expected volume of additional oil and gas revenues of the federal budget is projected in July 2023 in the amount of -4.5 billion rubles. The deviation of actually received oil and gas revenues from the expected monthly volume in June amounted to -30.3 billion rubles. message Ministry of Finance.
According to the results of last month, the federal budget received 528.6 billion rubles. oil and gas revenues, against 570.7 billion rubles. in May. In early June, the Ministry of Finance predicted that the oil and gas deficit would amount to 44 billion rubles.
January-May oil and gas revenues decreased by 50% year-on-year, to RUB 2.853 trillion. The Ministry of Finance explained the drop in oil and gas revenues by last year’s high figure, a decrease in price quotations for Urals and a decrease in natural gas exports. Average oil price Urals in June 2023 – $55.28 per barrel, which is 1.58 times lower than in June 2022 ($87.25 per barrel).
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