(Reuters) – Russia is working on a mechanism to settle its foreign debt in dollars before the June payments, Anton Siluanov from Finance Ministry said in a Friday TV interview.

Siluanov said that Moscow is expecting to get an additional 1 trillion Russian rubles ($15.27 Billion) in oil-gas revenues for this year. The funds will then be used to increase social welfare payments.

($1 = 65.5000 roubles)