Russian Finance Minister sees 2016 budget deficit at 3 percent with oil at $40 per barrel
May 17, 2016 8:26 am
Finance Minister Anton Siluanov of Russia on Tuesday said this year’s deficit was likely to comprise 3% of gross domestic product with oil at $40 per barrel, adding that crude could unlikely be more expensive.
Furthermore, Siluanov said in an interview that he did not anticipate the rouble to be more volatile compare to its current levels.
The material has been provided by InstaForex Company – www.instaforex.com
Finance Minister Anton Siluanov of Russia on Tuesday said this year’s deficit was likely to comprise 3% of gross domestic product with oil at $40 per barrel, adding that crude could unlikely be more expensive.
Furthermore, Siluanov said in an interview that he did not anticipate the rouble to be more volatile compare to its current levels.
The material has been provided by InstaForex Company – www.instaforex.com
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