12:49 GMT +324 May 2017
Live
    Onlinenews (archive)

    RUSSIAN LEADERSHIP DOES NOT LIKE PREVALENCE OF FUELS SALE PROFIT IN NATIONAL INCOME

    Onlinenews (archive)
    Get short URL
    0 0 0 0
    LONDON, MARCH 3. /RIA NOVOSTI CORRESPONDENT ALEXANDER SMOTROV/ -- The Russian leadership is dissatisfied with the prevalence of income from the sale of energy resources in the national income, Russian acting first deputy minister for economic development and trade Andrei Sharonov has told journalists on Wednesday. He partakes in the round table The European Energy Environment: the Russian Vector, being held in London.

    "We are not going to kill the goose laying golden eggs and will preserve lucrative terms for investments in the energy sector to be made by Russian and foreign investors", he added.

    Commenting on the possibility of dependence of the Russian economy on the situation on the world oil market, Sharonov recalled that "the budget intends moderate, even conservative prices of oil, making it possible calmly to live through a large downfall to about 18 dollars per barrel".

    In addition, a stabilisation fund has now become operative, accumulating the superprofit from the incomes gained on the oil market. "Part of the revenue of the federal budget has already been put in the stabilisation fund. The excessive steam of petrodollars on the Russian economy can now be blown out", Sharonov said.

    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment