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September 2, 2010
22:18 Moscow Time
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Russian min sees govt oil, gas revenues dn by 1.5% of GDP in 3 yrs


MOSCOW, Jul 29 (PRIME-TASS) -- The Russian government’s oil and gas revenues are expected to fall by an amount equal to 1.5% of gross domestic product (GDP) over the next three years, Economic Development Minister Elvira Nabiullina said Thursday.

Currently, the government’s oil and gas revenues total 8.3% of GDP, she said.

She also said, however, that the government’s revenues would still rise because of growth in the manufacturing and service industries.

End

29.07.2010 17:04

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