Russian Ministry of Finance

Siluanov reveals Russia's average pension payment

Russian Finance Minister Anton Siluanov said that the average monthly pension payment in Russia should grow to 20,000 rubles by 2024. He also said that the Finance Ministry has suggested providing deductions on the …

Is Russia ready to use euros in trade?

Russia is ready to use euros rather than US dollars in foreign trade if the European Union declares its stance against expansion of the US anti-Russian sanctions, Russian Finance Minister Anton Siluanov said, speaking at the St. …

Russians triple investment in government

Last year, the Russians bought government federal bonds (OFZ) amounting to 93 billion rubles. This number is three times higher than in 2016, it follows from the Bank of Russia's data. Almost half of purchases accounts for …

Russia freezes gas production

Russia does not plan to increase gas production in 2018, freezing it at the level of 2017, Russian Minister of Energy Alexander Novak said, adding that everything will depend on the weather conditions. "As for …

Urals average price rises 25.3%

  Average price of Russia’s Urals oil rises 25.3% to $65.22 per barrel in January-March, 2018 compared to the same period last year, the country's finance ministry said. In January-March, 2017, the …