It may sound weird, but it could be that Russia will soon copy Mexico for best practice in managing government finances. Russia’s state-owned oil giant Rosneft has proposed to President Putin the introduction of a systematic hedging programme for its oil production. If implemented, Russia would follow in the footsteps of Mexico and become only the second country in the world to protect its oil revenues against price declines.
Russia copies Mexico?
Russia copies Mexico?
Russia copies Mexico?
It may sound weird, but it could be that Russia will soon copy Mexico for best practice in managing government finances. Russia’s state-owned oil giant Rosneft has proposed to President Putin the introduction of a systematic hedging programme for its oil production. If implemented, Russia would follow in the footsteps of Mexico and become only the second country in the world to protect its oil revenues against price declines.