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Message: <blockquote data-quote="Professor" data-source="post: 90568" data-attributes="member: 202">But then there's this .  .  ..  .  .  Moscow reported a sharp increase in revenues in the first quarter of 2024, partially thanks to one-time tax payments and rising oil prices, reports Bloomberg. According to the Ministry of Finance statement, Russia is experiencing "sustained positive dynamics" in money inflows to the federal budget. Revenues for the three months leading up to March amounted to 8.7 trillion rubles ($94 billion), an increase of 53.5% compared to the same period last year.Non-energy sector inflows increased by 43% annually, reported the Ministry of Finance. Significant contributions came from “one-time nature” payments, including exit fees that foreign companies paid leaving Russia. "Oil and gas revenue grew rapidly, increasing by almost 80% on last year, boosted by rising prices as well as a one-time tax payment from oil companies," the media says.[URL unfurl="true"]https://www.msn.com/en-gb/money/other/russia-s-revenues-surge-amid-rising-global-oil-prices/ar-BB1lgFh2[/URL]It's not as bad as the ole hockey stick graphs try to make outAnd, one must look at the 10-20-30 year plan, Russia's got it and will resume supplying Wukraine & Europe when the war is over - Ya gotta think long term, no?</blockquote>

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