Anton Siluanov

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Russia reduces budget's dependence on oil

Russia's non-oil and gas budget deficit will be less than 6% in 2018-2020, the head of the Russian Ministry of Finance Anton Siluanov said, speaking yesterday at the meeting of the State Duma Committee on Budget and …

Russia to bring budget deficit down to zero

Russia's Finance Ministry expects that the budget deficit will be 2% this year, the head of the ministry Anton Siluanov said on the sidelines of the annual autumn meeting of the World Bank and the International Monetary …

Why did Russia’s rating grow?

According to Reuters, ratings agency Fitch revised its outlook on Russia’s long-term foreign- and local-currency issuer default ratings to positive from stable. Fitch, which also affirmed Russia’s rating at “BBB-”, said …

Siluanov about Russia's budget

Russian Finance Minister Anton Siluanov said that the country's budget deficit in 2018 will be the lowest in recent years. "The budget deficit in 2018 will stand at 1.6% of the GDP. This is the lowest deficit …

Siluanov: no new major deals set in Russia yet

No major deals are set in Russia for the foreseeable future, the country's Finance Minister Anton Siluanov said. "Privatization is always on the agenda," he noted, adding that there are strategic …

Siluanov: Russia to face difficult years

Russia will face difficult times in 2018 and 2019, the head of the Russian Ministry of Finance Anton Siluanov said on the sidelines of at the St. Petersburg International Economic Forum. "We will have to go …

Russian minimum wage to raise to subsistence level

The Russian Prime Minister Dmitry Medvedev ordered to draft legislation to increase the minimum wage to the level of a living wage by May 20, according to a decision published on the government website. "Prepare a …

 Russian banks 'lost' 100 billion rubles in year

The Russian government is concerned about the reliability of the domestic banking system, the Russian Finance Minister Anton Siluanov said at the convention of the Association of Russian Banks. "We have lost more …