{"id":507171,"date":"2022-07-20T12:08:08","date_gmt":"2022-07-20T06:38:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=507171"},"modified":"2022-07-20T12:08:08","modified_gmt":"2022-07-20T06:38:08","slug":"russia-to-introduce-new-budget-rule-of-60-per-barrel-of-oil-vedomosti","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/russia-to-introduce-new-budget-rule-of-60-per-barrel-of-oil-vedomosti\/","title":{"rendered":"Russia to introduce new budget rule of $60 per barrel of oil -Vedomosti"},"content":{"rendered":"<p>Russia&#8217;s finance ministry is proposing to raise the cut-off oil price for its fiscal rule &#8211; the level at which Moscow starts buying foreign currency with profits on energy sales &#8211; to $60 a barrel, the Vedomosti daily reported on Tuesday. Under the mechanism, Russia buys foreign currency with its booming energy profits &#8211; a measure designed to both stabilise the rouble and channel hard currency into the country&#8217;s rainy-day national welfare fund.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia&#8217;s finance ministry is proposing to raise the cut-off oil price for its fiscal rule &#8211; the level at which Moscow starts buying foreign currency with profits on energy sales &#8211; to $60 a barrel, the Vedomosti daily reported on Tuesday. Under the mechanism, Russia buys foreign currency with its booming energy profits &#8211; a measure designed to both stabilise the rouble and channel hard currency into the country&#8217;s rainy-day national welfare fund.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-507171","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/507171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=507171"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/507171\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=507171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=507171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=507171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}