MOSCOW, December 29 (RIA Novosti) - The finance minister said Thursday that a new cutoff price would be established in 2007 for the Stabilization Fund, a move he strongly opposes.
"Now changes for the 2007 cutoff price are under consideration," Alexei Kudrin told the government.
Kudrin said he did not like the idea because it would prevent the government from consistently applying international tax and budget policy principles.
Kudrin also said the cutoff price for next year would be raised from $20 to $27 per barrel for the Stabilization Fund, which was established to accumulate windfall oil revenues in the country.
