Interview with Minister of Finance Anton Siluanov

1 October 2015, Thursday
We need to get used to the new economic reality, Anton Siluanov said in an interview to RBC. He believes that the new fiscal rule should be focused on the oil price of $ 50 per barrel.

In early September, the government turned sharply the budget process towards the annual financial plan for 2016. Back in June, the White House was trying to balance the expenditures and revenues, focusing on the $ 60 per barrel in 2016, but the renewed decline in oil prices and the devaluation of the ruble broke the fragile consensus.
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