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Commodities

Monday January 19, 11:45 AM
Russia to review the budget with oil at $41/bbl

MOSCOW, Jan 19 (Reuters) - Russia will review the 2009 state budget based on the new forecast for the average price of oil at $41 per barrel during the year, Prime Minister Vladimir Putin told the government meeting on Monday.

'The Finance Ministry should amend the state budget using the price of oil of $41 per barrel,' Putin told his cabinet.

Economy Minister Elvira Nabiullina said earlier on Monday the rouble should average 35.1 per dollar in 2009 if oil price stays at $41 per barrel.

(Reporting by Toni Vorobyova, writing by Gleb Bryanski; editing by Maria Kiselyova) Keywords: RUSSIA BUDGET/

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