Earlier, the agency reported that the liquid part of the national welfare fund had significantly decreased, which largely helped to compensate for the budget deficit last year. In February, a noticeable decrease in oil prices was recorded, however, according to Government estimates, oil and gas revenues remain at a level exceeding their base amount.
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The difference between income and expenses in the first two months is explained by the prompt conclusion and advance financing of individual contracts. The Cabinet of Ministers expects a balanced budget by the end of the year. The Ministry of Finance is returning to the normalization of fiscal policy, which means that the National Welfare Fund will be used only within the framework of the budget rule to compensate for the loss of raw material revenues, if any.
