Anton Siluanov

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Siluanov warns of wider budget deficit

Russian Finance Minister Anton Siluanov warned at a conference in Sochi that the budget gap will be wider this year than earlier forecast, forcing Russia to step up the pace of domestic borrowing. The deficit may …

New pension system being developed in Russia

Russian Finance Minister Anton Siluanov said at the Moscow Financial Forum that the Russian Central Bank and the Finance Ministry are jointly developing a new mechanism for voluntary contribution pension system. …

Ukraine ready to discuss its debt with Russia

Ukraine is ready to discuss with Russia the three billionth debt on the bonds out of court, Ukrainian Finance Minister Alexander Danilyuk said. "We are ready for pre-trial agreements in regard to the …

Will government's participation in financial market to be increased?

Russian Finance Minister Anton Siluanov, speaking at the International Financial Congress in St. Petersburg, has urged increasing the degree of the state participation in the national financial market. "Even with the reduction of the budget deficit we will need to significantly increase the state participation in the financial market," he noted. The Finance Minister added that the availability of reserves is compulsory for implementation of budget policy.

Success in foreign trade strengthens the ruble

The ruble has all chancee to continue its strengthening in the near future thanks to the high positive balance of foreign trade, the head of Economic Development Ministry of Russia Alexei Ulyukayev said during today's meeting with the Finnish …

 Medvedev to discuss development of North Caucasus

Russian Prime Minister Dmitry Medvedev will hold the governmental commission on socio-economic development of the North Caucasian Federal District (NCFD). "The participants will discuss the development of the …