Post Tagged with: "Budget"

Oil Prices Could Deplete Russia’s Sovereign Funds by the End of 2016

Oil Prices Could Deplete Russia’s Sovereign Funds by the End of 2016

“2016 is the last year when we are able to spend our reserves [this] way” – Russian finance minister

Russia’s Ministry of Finance released a draft budget for 2016, which relies heavily on the country’s sovereign fund to bridge its …

October 29, 2015 - 12:46 pm International, Oil and Gas 360 Articles