Siluanov: Russia will fulfill its budget obligations against the backdrop of declining oil and gas revenues

Russia’s budgetary obligations will be fulfilled, Russian Finance Minister Anton Siluanov said. At the same time, the head of the department said that the volume of oil and gas revenues is declining.

Minister of Finance in an interview with the Moscow. Kremlin. Putin” on TV channel “Russia 1” refuted reports of a number of media that budget revenues of the Russian Federation have sharply decreased. According to Siluanov, additional revenues at the end of March amounted to 2.5 trillion rubles.

“Yes, we see a slight decrease in oil and gas revenues, because the price parameters for energy resources are somewhat different from what is included in the budget, but I am sure that we will fulfill all obligations, there is no doubt about that,” he said.

On January 10, Siluanov announced that the budget deficit of the Russian Federation in 2022 increased to 3.3 trillion rubles. – 2.3% of GDP. If we take into account the funds compensated by the state non-budgetary fund as a result of deferrals on insurance premiums, then the budget deficit amounted to 1.8% of GDP. Deputy Prime Minister Alexander Novak later declaredthat Russian budget revenues from the oil and gas industry in 2022 grew by 28%.