Russia’s total revenues increased to about $330 billion
Moscow, December 9, 2017 (WAM): Russia’s total oil and non-oil revenues rose to $329.45 billion (about 32.65 trillion rubles).
According to data from the Russian Ministry of Finance, revenues related to oil and gas in the first 11 months of 2024 increased by 25.7% compared to the same period last year to about 104.45 billion dollars (10.341 trillion rubles), and revenues not related to oil and gas increased in the aforementioned period by a percentage. 25.8% to 225 billion dollars, approximately (22.309 trillion rubles).
The increase in oil revenues comes due to the rise in Russian crude prices in the markets, while the Russian budget deficit in the period from January to November of this year, according to preliminary estimates, amounted to 389 billion rubles, and the deficit in 2024 is expected to reach about 1.7% of the size of the country’s gross domestic product. . ($1 = 99 rubles)
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