RIA NOVOSTI. The Russian finance ministry hopes that by 2013 budget revenues derived from the economic sectors that are not involved in oil and gas production will surpass taxes and duties of the O&G sector, the ministry’s report on main areas of the national budget policy runs.
This year Russia’s budget revenues should come to Rub 7.78 tln or 17.3% of GDP. By 2013 they should climb to Rub 9.98 tln in nominal terms, falling to 16.1% of GDP in real terms. O&G revenues that currently equal Rub 3.74 tln or 8.3% of GDP should drop to 6.9% of GDP in real terms by 2013, but rise to Rub 4.29 tln in nominal terms. At the same time, revenues from the rest of the economy, as the finance ministry’s experts estimate, should rise this year from 8.2% of GDP to 9.1% of GDP in 2013, i.e. from Rub 3.67 tln to Rub 5.64 tln, respectively.
