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Finance minister lauds current oil price, enabling ‘balanced budget’

Currently, the price of oil is $35-45 per barrel

© Egor Aleev/TASS

MOSCOW, March 26. /TASS/. The budget of the Russian Federation is balanced with the oil price of $35-45 per barrel, which is one of the best results over the past 10 years, First Deputy Prime Minister and Finance Minister Anton Siluanov said at an expanded meeting of the board of the Finance Ministry.

"Today, the price of oil, which provides the balance of the budget of the current account, is $35-45 per barrel, respectively," he said.

"This is also one of the best results over the past decade," he added.

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