06 April 2004 18:01
Russian budget surplus forecast for 2005 to benefit from higher oil prices
Moscow, 6 April: The federal budget primary surplus in 2005 will come to over 1 per cent of GDP, Russian Finance
Minister Aleksey Kudrin has told reporters, according to Prime-TASS.
"We will increase the forecast for the primary surplus for 2005, because it is already clear that it will be
higher following the rise in the forecast for the price of Russian oil next year," Kudrin said.
Earlier the government approved the forecast for the socioeconomic development of Russia for 2005, in accordance with
which the annual average price of Russian oil is expected to be 26 dollars per barrel.
[ITAR-TASS news agency] |
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