Russia’s budget loses $379M of oil and gas revenues in September

In September, Russia’s federal budget revenues from the sale of oil and gas decreased by 22.7 billion rubles ($379.018 million).

The total amount of receipts amounted to 282.9 billion rubles ($4.696 billion), according to the country’s Ministry of Finance, reported from Russian media.

According to forecasts, in October the volume of additional oil and gas revenues will amount to 305.6 billion rubles ($5.073 billion).

The Ministry of Finance also said that no foreign currency and gold will be bought at the expense of received oil and gas revenues.





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