Russian Finance Minister expected price of $ 40 per barrel of oil in 2016

30 December 2015

MOSCOW, December 30 (Reuters) - Expect Russian Finance Minister Anton Siluanov said on Wednesday that the price of a barrel of oil reaches $ 40 on average in 2016.

Cilloanov said in a television interview with Russia 24 "must be prepared for any developments in the development of oil prices.

"Our estimates for next year are about $ 40 a barrel when we put an estimate of the revenue in the budget."

He added that he expects inflation to fall to 6-7 percent by the end of 2016 compared to a little more than 13 percent in 2015.

The damage to the economy and Russian currency decline in oil prices.

(Preparation Suha Gado Arab Bulletin - Edit Nadia Aljowaily)