Russia ‘better prepared’ than other oil-producing countries

• Posted in OilGas
• on March 11, 2020
• No Comments.

Russian Finance Minister Anton Siluanov said on Wednesday that Russia has enough state reserves to ensure stability in its financial markets and is better prepared than many other countries with oil revenue amid low oil prices.

Siluanov said Russia would be able to fully accomplish tasks set by President Vladimir Putin, which include raising living standards, without making any adjustments to the budget.

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