The average oil price this year will be $ 75 per barrel

Average price of Urals oil this year, according to the updated forecast to be $ 75 per barrel. On this Monday, said Deputy Prime Minister and Finance Minister Alexei Kudrin said at a briefing after the meeting with the Prime Minister on the main approaches to the formation of the budget for 2011-2013. By next year, the forecast is the same. Now the Russian government is developing amendments to the 2010 budget, which it plans to introduce in the State Duma in June. Basic parameters of the approved budget based on forecasts of average prices for crude oil Urals (sort of Russian oil) at 58 dollars per barrel in 2010. This is - one of the main items of Russian exports. According to another ministry - the Ministry of Economic Development (MED), the forecast needed to be increased to 76 dollars per barrel. But after the conviction, told Kudrin, the official decided to reduce this figure to $ 75. Law on the federal budget revenues for 2010 are scheduled for today at a rate of 6.950 trillion rubles, expenses - 9.887 trillion rubles, deficit - 6.8% of GDP. However, higher-than-expected oil prices and improved macroeconomic indicators, and other factors provide additional budget revenues. This allows us to adapt it to increase spending while reducing the deficit. Earlier, Kudrin said that Russia's budget deficit in 2010 will not exceed 5.4% of GDP. On Wednesday, June 2, he said that the deficit will be below last year's 5.9% of GDP, but higher than 5.0% of GDP.