Matvienko does not exclude that in 2016 we will have to adjust the budget

Matvienko does not exclude that in 2016 we will have to adjust the budget


If the price of oil will be below $ 40 per barrel may have to revise the budget, but not before the second quarter, said the speaker of the Federation Council Valentina Matvienko.

MOSCOW, 24 Dec. The speaker of the Federation Council Valentina Matvienko does not exclude that we will have to adjust the budget of the Russian Federation if the price of oil below $ 40 per barrel, but not before the second quarter of 2016.

“I do not exclude that we will have to return to the budget if the oil price will be below $ 40 per barrel. But you first need to assess the results of the first quarter, no need to hurry,” said Matvienko at the press-conference to journalists.