The formation of parameters depending on the base price of oil) — what is the singapore telegram data practical significance of this step? Was it necessary to make this decision, in your opinion?
— This removes the sensitivity of the budget rule algorithm to exchange rate fluctuations, which is why the budget rule was in effect in this format until 2022. A different approach was adopt for 2023, largely due to the fact that there was high uncertainty about the physical volumes of hydrocarbon production and export. Now this value is more understandable, so we can return to the previous budget rule algorithm.
— Don’t you think the cutoff price is too high?
In the previous version of the budget rule (when it was ti to the base price, not income), it was $40 per barrel with gradual indexation, and now it is $60. This means that, in essence, more funds will be spent, rather than accumulat…
— The current parameters of the budget rule generally
correspond to our opinion regarding the long-term level of the oil price ($55 per barrel for Urals, but this corresponds to a higher average export price for Russia). For the long-term sustainability of the environmentally friendly materials: budget rule, the cut-off price should correspond to what is actually realiz over a long period of time. If it turns out that ao lists the actual oil price is on average lower than the base oil price, then at some point the NWF will be exhaust. This is, of course, unacceptable. The approach to the cut-off price should be moderately conservative.