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Economy

Siluanov explained why the diesel deal is beneficial for Russia

Foreign exchange earnings from diesel exports will support Russia’s balance of payments.

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Siluanov explained why the diesel deal is beneficial for Russia

Foreign exchange earnings from diesel exports will support Russia’s balance of payments. This was stated by Finance Minister Anton Siluanov, reports TASS.

Our companies will be able to export diesel, receive revenue and currency for this. This is important for our possible balance of payments and for companies in the first place, of course, he said.

Answering a question about revenues to the Russian budget, Siluanov added: Yes, no, we do not have export duties on diesel. But this will be taken into account in the financial results of companies that will pay taxes to the budget system accordingly.”.

Source: РБК ↗

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