Found: 60

Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?

... price growth accelerates sharply. "Whether this model will continue depends on the federal budget situation and the National Wealth Fund (NWF). <...> Next year, the government will have fewer resources to subsidize oil producers, with subsidies totaling 1.9 trillion rubles for the first half of 2024, including the damping mechanism, reverse excise, and investment supplements. This will likely lead to changes in the fuel market regulation model," Tereshkin believes. The "manual ...

Business Loan: How to Choose and Get Financing Wisely

... increase the likelihood of success (just make sure that in your credit history this does not look like chaotic debt accumulation). Use government support. In Russia, there are various programs to help small and medium-sized businesses: interest rate subsidies, grants, guarantee funds. Find out what opportunities there are at local entrepreneurship support centers or SME development funds. If your project meets the criteria, participation in such a program will make it easier to get a loan: the bank ...

An expert assessed the risks of a decline in oil prices.

... lead to an increase in the cost of oil in ruble terms. Another favorable factor for the budget will be the very structure of oil and gas revenues. According to the Ministry of Finance, in the first 11 months of 2024, 83% of oil and gas revenues (before subsidies to refineries) came from just two taxes: the mineral extraction tax (MET) on oil and the additional income tax (AIT), which accounted for 68% and 15%, respectively," said the source. The first tax mainly depends on the volume of oil ...

Technological Innovations: Revolutionizing Business and Opportunities for Investors

... global trends. Companies investing in green technologies not only support ecological sustainability but also reap significant economic benefits: Reduced dependence on fossil fuels and volatile energy prices. The potential to attract investments and subsidies from governments and international organizations. Improved company image among consumers focused on sustainable development. How Business Can Adapt to Innovative Changes? To successfully integrate technological innovations, businesses should: ...

What will happen to oil and gas budget revenues by the end of the year?

... September but 25% lower compared to October of last year. The main driver of revenue growth was an increase in collections under the Additional Income Tax (AIT), which reached 491.6 billion rubles in October. Tereshkin also points to the reduction in subsidies for oil refineries, which contributed to the increase in budget revenues. According to his forecast, the share of oil and gas revenues in the federal budget for 2024 will remain around 31.7%, but it may decrease to less than 30% next year ...