Oreshkin predicted an increase in additional oil and gas revenues up to 800 billion rubles.

Presidential aide Maxim Oreshkin said oil and gas revenues will increase substantially in the coming months. According to his forecast, the additional volume of these revenues by the end of the year will amount to 800 billion rubles.

“Against the backdrop of rising oil and gas prices, in the coming months, oil and gas revenues will increase significantly, and the volume of additional (above the base level) oil and gas revenues by the end of the year will amount to about 800 billion rubles,” the presidential aide wrote in a column for TASS. According to him, the growth of additional oil and gas revenues will significantly reduce the use of NWF funds to finance the budget deficit.

Mr. Oreshkin noted that in the second quarter the budget showed a deficit of 0.3 trillion after a deficit of 2.1 trillion rubles. in the last quarter. According to the results of the third quarter, we should expect a budget surplus, he added. At the end of the year, the budget balance will approach the planned level of 2.0% of GDP.

According to Maxim Oreshkin, such positive dynamics is facilitated by the active growth of budget revenues: for example, non-oil and gas revenues in the second quarter grew by 43.6% year-on-year – in July the increase was 35.5%. According to his forecast, strong economic dynamics will ensure high growth rates of non-oil and gas revenues in the future.

IN report The International Energy Agency (IEA) says that despite the fact that the export of oil and oil products from Russia in July remained at the level of 7.3 million (b / d), income from fuel exports for the month increased by $2.5 billion and reached $15 .3 billion In August, the Ministry of Finance expects additional oil and gas revenues in the amount of 73.2 billion rubles.

By July 1, the volume of the NWF was 12.67 trillion rubles. Over the month, it grew by 317 billion rubles, but decreased by $7.5 billion in dollar terms. At the end of June, the volume of the NWF increased by 643.2 billion, up to 13.3 trillion rubles.

Read more in the article “Weak ruble played against the rules”.

Anastasia Larina