The Russian Ministry of Finance revealed that budget revenues increased by 38 percent between January and June 2024.
Budget revenues amounted to 17 billion rubles (about $192 million), marking an increase of 38 percent, compared to the same period last year. Russia's revenues from non-oil products grew 26.6 percent in the first half of this year to 11.3 billion rubles ($128 million). Oil and natural gas revenues amounted to 5.7 billion rubles ($65 million), up 68.5 percent.
Accordingly, Russia's budget deficit relative to GDP fell by 0.9 percent, to 0.5 percent.
Source (Anadolu Agency, Edited)
