Monthly tax and customs revenue from energy sales declined 46% in a year - reflecting the fact that, while the price of the global benchmark Brent blend was little changed, the average monthly price of Russia's Urals blend was down 42%, according to the ministry.
Moscow relies on income from oil and gas - last year around 11.6 trillion roubles - to fund its budget spending, and has been forced to start selling international reserves to cover a deficit stretched by the cost of its invasion of Ukraine.The Finance Ministry on Friday said it would almost its daily sales of foreign currency to 8.9 billion roubles a day over the next month to compensate for the fall in oil and gas revenues.
Earth pimple.
at last
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: