Russian Economy Minister: $40 Oil in Budget Conservative

The transcript discusses Russia's privatisation plans, focusing on companies like Rosneft and their involvement in government stake sales. It explores investor interest in Rosneft, particularly from oil traders, and forecasts oil prices. The discussion includes potential budget rules to stabilize the ruble amidst oil price fluctuations and the impact of sanctions on the Russian economy. The overall theme is the adaptation of Russian businesses to current economic challenges.

What is the main goal of the government's privatization plans for the next year?

• To enhance public participation

• To improve company management

• To increase foreign investment

• To reduce government debt

Which company is mentioned as a major state-held asset subject to a share sale?

• Gazprom

• Rosneft

• Lukoil

• Sberbank

What is the budget estimation based on the oil price per barrel?

• $40

• $30

• $60

• $50

What is the purpose of introducing a budget rule related to oil price fluctuations?

• To reduce inflation

• To stabilize the ruble

• To increase oil production

• To attract foreign investors

How have Russian businesses responded to the current economic situation?

• They have sought foreign aid

• They have struggled significantly

• They have increased exports

• They have adjusted well