Macron announces his victory in first round of French presidential voteWorld April 24, 1:29
Le Pen gets 23.08%, Macron - 23.11% after 33 mln votes counted — Interior MinistryWorld April 23, 23:58
Preliminary results of French polls reveal defeat of two leading partiesWorld April 23, 22:49
Macron, Le Pen lead in first round of French election — TVWorld April 23, 21:33
Russian Foreign Ministry slams OSCE car incident in Donbass as 'provocation'Russian Politics & Diplomacy April 23, 19:41
Macron winning presidential polls among French living in US, Canada — TVWorld April 23, 19:12
French nationals in Moscow expect presidential polls to bring changes to their countryWorld April 23, 18:01
French presidential hopefuls cast ballots in first round of electionWorld April 23, 15:52
OSCE staff member dies in car blast in DonbassWorld April 23, 13:55
Putin reminded that prices of energy products and the prices of some of Russia's other traditional commodities have fallen. He said there's a chance that budget spending will be cut.
Putin’s statement came in response to a request for additional financing. He said, however, that the budget is tight and balanced.
First Deputy Finance Minister Tatiana Nesterenko said on Monday the Russian government might spend up to $37 billion from the country’s Reserve Fund in the next three years, if world oil prices continue to fall.
Finance Minister Anton Siluanov also said on Monday the Russian government might spend $12.5 billion (500 billion rubles) from the country’s Reserve Fund in 2015, if world oil prices and the national currency continued to fall.
“If the current situation continues into 2015, we’ll be forced to turn to the Reserve Fund to spend up to 500 billion rubles,” he said.
Russia’s finance minister said that otherwise the government would have to make a decision on further optimizing budget spending.
World oil prices are currently hovering at $87 per barrel while the national currency is trading at 40.3 rubles to the US dollar, above the projected level of 37.7 rubles to the dollar while the average world oil price estimate was $104 per barrel in 2014 and $100 per barrel in 2015-2017, the finance minister said.