The budget rule sets the base price at $60 per barrel. Right now, this cutoff probably no longer meets the challenges of the times. This was stated by Russian Finance Minister Anton Siluanov at an expanded board of the Ministry of Finance, according to the ministry's website.
According to him, it is necessary to adjust the budget rule to minimize external risks. And the liquid assets of the NWF must be brought up to the level of three years of uninterrupted financing of expenditure obligations in the event of a stressful development of the situation in the oil market.
Siluanov considers the unfolding of trade wars to be the main risk at the moment. And, consequently, a decrease in the export opportunities of countries, including Russia.
