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Tag: the fiscal rule oil price oil revenues Fund cut-off price budget

The price of oil will soon allow Russia to Fund "safety cushion"

The price of oil will soon allow Russia to Fund “safety cushion”

The average price of Russian oil Urals in January-June 2020 decreased by 1.7 times - up to 39.68 USD. While this price is not enough to replenish the Fund of national welfare.