Russian Ministry of Finance

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 …

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Russian oil export duty rises by by $8.2

Russia's oil export duty is expected to rise to $96.1 per tonne in November from $87.9 per tonne in October, data from the Russian finance ministry showed on Monday. The rate is calculated by the finance ministry and is based on the …

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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 …

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Economic records of post-crisis Russia

Russia's inflation has reached a historical minimum, the Russian Prime Minister Dmitry Medvedev said at today's government meeting  "The positive dynamics of the gross domestic product is being …

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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 …

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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 …

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'People's' bonds becoming popular

For the first day, the Russians bought government federal bonds for individuals - 'people's bonds' - in the amount of 696.8 million rubles, the Russian Ministry of Finance said. "The placed volume is 696,807 million …

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 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 …

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