Russia Must Limit Reliance on Hydrocarbon Revenues - Medvedev

Russia Must Limit Reliance on Hydrocarbon Revenues - Medvedev
Ria Novosti
Τρι, 29 Ιουνίου 2010 - 13:14
Russia must limit reliance on revenues from its key oil and gas industries and balance the budget with other funds, President Dmitry Medvedev said on Tuesday.

Russia must limit reliance on revenues from its key oil and gas industries and balance the budget with other funds, President Dmitry Medvedev said on Tuesday.

"In the mid-term, use of oil and gas revenues should be limited, with the focus on a balanced federal budget with reasonable oil price forecasts," Medvedev said.

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