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In August, recorded its highest monthly budget surplus in a year, reaching 660 billion rubles ($7.7 billion), according to Bloomberg, citing data from the Ministry of Finance. The main driver of this growth was dividend payments from state-owned banks and companies, which brought 691 billion rubles into the treasury. Revenues from the oil and gas sectors increased by 17% compared to the previous year, which helped offset a 16% increase in government spending. Thanks to these revenues

· · lailagislason · 0 · 0 · 0
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