Consolidated budget revenues above $158.4 bln in Q1 2023 — Putin

Business & Economy April 11, 2023, 19:39

"It is expected the situation will change by the end of the second quarter amid the rise in oil prices. Additional oil and gas revenues will start flowing to the budget," the President said

MOSCOW, April 11. /TASS/. The national budget received more than thirteen trillion rubles ($158.4 bln) in revenues as of the end of the first quarter of 2023, President Vladimir Putin said on Tuesday.

"The economic dynamics is reflected in budget indicators. Revenues of the national consolidated budget were above thirteen trillion rubles over the first quarter of this year," the head of state said.

"This corresponds to last-year indicators," Putin noted. "Dynamics is good overall," he added.

"It is expected the situation will change by the end of the second quarter amid the rise in oil prices. Additional oil and gas revenues will start flowing to the budget," the President said.

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