The Ministry of Finance will reduce daily currency purchases according to the budget rule by 2.5 times
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The daily volume of purchases of foreign currency and gold from December 7, 2023 to January 12, 2024 will be the equivalent of 11.7 billion rubles, the Ministry of Finance reported. Previously, the volume was set at RUB 29.6 billion. The total amount of funds allocated for their purchase is 244.8 billion rubles.
The ministry expects that in December additional oil and gas revenues of the federal budget will amount to 362 billion rubles. The deviation of actually received oil and gas revenues from the expected monthly volume at the end of November amounted to minus 117.2 billion rubles, the statement says. press release departments.
On August 7, the Ministry of Finance for the first time since February 2022 switched to purchases within the framework of the budget rule – this is a mechanism for transferring excess income from the oil and gas industry into savings through the purchase of foreign currency. The daily purchase volume was set at the equivalent of 1.8 billion rubles, in September-October it was increased to 13.15 billion rubles, from October 6 – 18.12 billion rubles, from November 8 – 29.6 billion rubles.
About the growth of oil and gas revenues – in the material “Kommersant” “Additional income was noticed in the budget”.
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