13.05.2025, 16:18

Russia cuts oil and gas revenue forecast for 2025 budget by 24%

MOSCOW. May 13 (Interfax) - Proposed amendments to Russia's 2025 federal budget call for slashing projected oil and gas revenues this year by 2.6 trillion rubles compared to the previously approved budget, due in part to the reduction of the forecast export price for Russian oil to $56 per barrel from $69.70 and the revision of the ruble's exchange rate against the U.S. dollar, a bill (No. 914318-8) published in the parliament's electronic database showed.

To read the full news articles, Subscribe.

02:05PM
Multilateral trade system under heavy pressure, which may also become catalyst for WTO reform - Russian minister

01:45PM
Kazakhstan urged to shift from space leaseholder to industry participant - Senator Lukin

12:22PM
Kazakhstan to launch QR payment system in Aug

12:07PM
Five banks in Kazakhstan to join interbank mobile payment system in June 2025

11:58AM
Some private clinics in Kazakhstan will close down if government abolishes VAT exemptions for paid healthcare services - expert

10:39AM
Kazakh parliament ratifies agreement with Kyrgyzstan on mutual investment protection

May 21, 2025, 10:04PM
CSTO discuss countering attempts to use space as battlefield

May 21, 2025, 09:56PM
Equipping CSTO Collective Forces with modern weaponry is a priority

May 21, 2025, 08:59PM
Kazakhstan boosts grain product shipments to China 27% from Sept to April

May 21, 2025, 08:42PM
Development Bank of Kazakhstan will provide 23 bln tenge to oilseed processing companies

May 21, 2025, 08:24PM
Uzbek president urges OTS countries to sign treaty on strategic partnership, fraternity of Turkic states