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RSS FeedsRussia considers cutting government borrowing as oil prices rally
(World News Russia)

 
 

12 march 2021 13:05:16

 
Russia considers cutting government borrowing as oil prices rally
(World News Russia)
 


Russia could end up borrowing US$6.8 billion (500 billion Russian rubles) less than planned this year as rising oil prices help its key oil revenues to rise. The rally in oil prices, which have risen by around 30 percent this year, also coincides with Russia`s economy emerging from the slump during the pandemic. Last year,...


 
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