... $61–63 per barrel, slightly above the $60 budget threshold. Revenues above this threshold go to the National Wealth Fund (NWF), meaning basic oil revenue remains secure. Analyst Vladimir Chernov highlights that oil and gas revenues still exceed the Finance Ministry’s baseline projections, and the weaker ruble partly offsets export losses. Energy expert Kirill Rodionov believes Russia’s 2024 budget remains on track, with Brent oil prices likely to range between $70–75 per barrel in the coming ...

... board of the association "Reliable Partner," noted that the funds collected from excise taxes go to road funds. It is not by chance that when proposals are made to cancel or reduce excise taxes to stabilize retail fuel prices, the Ministry of Finance responds that excise tax revenues are used to build new roads and maintain old ones, Gusev says. Sergey Tereshkin, CEO of the oil products and raw materials marketplace OPEN OIL MARKET, notes that excise taxes are an important source of income ...

... if a bank faces difficulties, its recovery will be prioritized by the state. Impact on Business Clients For businesses, partnering with a systemically important bank means greater confidence in the stability of their funds. Such banks offer broader financing and lending options, which is particularly relevant for companies reliant on substantial financial transactions. The external support from the government and the Central Bank makes them reliable partners for long-term projects. Why Did the Central ...

... the proposer. In many cases, excessively high dividends are indicative of fraud. Con artists seek to attract as much money as possible before disappearing with it. Experienced investors prefer to invest in shares of companies that adeptly manage their finances. In these cases, profits are sufficient to pay shareholders, facilitate growth, and update the business. Conversely, if a firm distributes all its profits to investors for several years without reinvesting in production, this raises a red flag ...

... There may also be attempts to reduce dampener payments in case of falling oil prices and declining budget revenues from the sector. The last attempt to reduce the dampener by half in 2023 led to an autumn fuel crisis. Kotov notes that the Ministry of Finance has repeatedly attempted to change the dampener mechanism to reduce payments. It is likely that the new mechanism will again focus on this goal (though officially, the aim is said to be the additional stabilization of the high-octane gasoline ...