Eurovision organizers fine Ukraine for failing to adequately fulfil obligationsWorld June 29, 18:51
Putin hails growing ties between Russia and GermanyRussian Politics & Diplomacy June 29, 18:25
Russia’s future orbital station to have no service life limitScience & Space June 29, 18:21
Relatives of defendants in Nemtsov murder case to appeal to ECHRSociety & Culture June 29, 17:46
Russian shipyard may equip exported warships with latest air defense missile/gun systemMilitary & Defense June 29, 17:24
EU envoys ratify Ukraine Association AgreementWorld June 29, 17:15
Russian opera star Hvorostovsky cancels Vienna season concertsSociety & Culture June 29, 16:30
Samantha Smith: 10-year-old Goodwill Ambassador that embraced warmth during the Cold WarSociety & Culture June 29, 16:29
Paris sees new opportunities for dialogue on Syria with MoscowWorld June 29, 16:27
CERNOBBIO (Italy), September 3. /TASS/. Russia’s budget for 2017 will be based on $40 per barrel oil price, Deputy Prime Minister Arkady Dvorkovich said Friday.
"We’re taking forty (dollars per barrel - TASS) as a base for 2017, according to the official forecast. All our calculations are based on forty, and we’re not going to change them," he said.
He added that he considers it reasonable to keep dividend payouts of state-owned companies at 50% in 2017. "On the whole yes," he said when asked a respective question.
However, he said that it will be hardly possible to make no exceptions. "At the working group we agreed to consider and discuss each (case - TASS)," he said.
According to Dvorkovich, the date of Rosneft privatization transaction will affect Russia's budget revenues in 2016, unlike Bashneft. "Bashneft cannot (affect the budget) as in this case this is a source of financing deficit, which has no impact on revenues. In case of Rosneft it does affect via dividends and further on through Rosneftegaz. That is why it will depend on the date of Rosneft privatization," he said when asked whether the delay of privatization deals will influence this year’s budget deficit.