NEWS
The average price of Russian Urals crude in January-March of 2020 was US $48,18 a barrel. It is said in the Russian Ministry of Finance's press release.
The Standard & Poor's (S&P) rating agency has affirmed Russia’s " ВВВ-/А-3" credit rating with a stable outlook, S&P said in a report of press service of the Agency.
On March 25, at the Government House of the republic, Tatarstan Prime Minister Aleksey Pesoshin held a regular Board meeting of Tatspirtprom Distillery.
On March 24, at the Government House of the republic, Tatarstan President Rustam Minnikhanov chaired a regular board meeting of Tatneft Oil Company, to sum up the results of the company's budget execution for two months of the current year and to approve budget amounts for April and the second quarter of 2020.
The Ministry of Finance of the Russian Federation will monitor the regions where the oil refineries are located and, if necessary, support them. This announcement was made by Russian Minister of Finance Anton Siluanov at the meeting of government.
Russia’s budget in 2020 will be deficit, Finance Minister Anton Siluanov said at a meeting of the board of the Federal Treasury.
The Russian Government does not plan to reduce budget expenditures this year, as stated in the document titled "On measures to support sustainable economic development," posted on Tuesday on websites of the Cabinet and the regulator.
Russia will provide funding for government spending commitments, including social sphere for six year at current oil process, Finance Minister Anton Siluanov said at a meeting of the Federation Council.
On March 14, speaking at the Government House of the republic at a regional video-conference held by Tatarstan President Rustam Minnikhanov with participation of Prime Minister of the republic Aleksey Pesoshin, Regional Minister of Construction, Architecture, Housing and Utilities Farit Hanifov reported that as of March 13, 2020, as many as 730,9 thousand square meters of housing commissioned in Tatarstan.
The state Duma Committee on budget and taxes recommended that the lower house of Parliament to adopt in the second reading amendments to federal budget for 2020 and the upcoming period 2021-2022.