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Expenses 25.1 trillion rubles ($343 billion). Surplus 0.4 trillion rubles ($5.9 billion) 2024 Revenues 25.8 trillion rubles ($352 billion). Expenses 26.1 trillion rubles ($357 billion). Deficit 0.3 trillion rubles ($4.3 billion) As of autumn 2022 Russia was estimated to possess nearly $549 billion in foreign exchange reserves, but some 50% of ...
The 2024 budget expects revenues of 35 trillion rubles ($349 billion) with expenditure of 36.6 trillion, based on a Urals oil forecast of $71.30 per barrel, a 90.1 rubles to USD 1 exchange rate and inflation of 4.5%. Defence spending will double to 10.78 trillion, 29.4% of expenditure.
Since the exchange rate of the ruble against the dollar fluctuates widely, figures in rubles are converted into international dollars using the PPP conversion factor at a rate of 26.67 rubles per international dollar (per the World Bank). Note: The rankings are arranged randomly.
He cited what he described as a manageable 1.7% deficit, and a 26% increase in non-oil and gas revenue to 25.6 trillion rubles, about $257.9 billion. A day earlier, Russia's finance ministry ...
In December 2022 long term investments stood at 4.3 trillion rubles, with liquid assets at 6.1 trillion rubles. [ 23 ] Previously holding liquid assets in US dollars, Euros, UK Pounds, Yen, Yuan and Gold, Russia began selling some Sterling and all the US dollars in the summer of 2021, [ 24 ] whilst buying Yuan to reach 30% and Euros to reach 40 ...
It did this to help the economy recover from the Great Recession when the Fed dramatically expanded its assets portfolio from less than a trillion in 2007 to more than $2 trillion by 2009.
The highest numerical value banknote ever printed was a note for 1 sextillion pengő (10 21 or 1 milliard bilpengő as printed) printed in Hungary in 1946. In 2009, Zimbabwe printed a 100 trillion (10 14 ) Zimbabwean dollar note, which at the time of printing was worth about US$30. [ 13 ]
A new study from Tipalti Approve compared the annual net worth of the world's wealthiest people, predicting how soon they will reach a personal valuation of one trillion dollars. Elon Musk will be ...