Oil and gas revenues of Russia in July were lower than planned by 74.7 billion rubles
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The Russian Ministry of Finance announced that the federal budget in August 2022 will be replenished by 359.5 billion rubles. through additional oil and gas revenues. In July, the volume of additional budgetary revenues from the energy industry turned out to be less than the amount previously expected by the department by 74.7 billion rubles.
“Due to the temporary suspension for 2022 of certain provisions of the budget rules related to the use of additional oil and gas revenues of the federal budget, the purchase of foreign currency and gold at the expense of the above funds will not be made,” the press release explains. site Ministry of Finance.
In June, oil and gas revenues exceeded forecasts for 138.9 billion rubles. Then such dynamics was associated with the global rise in oil prices.
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