Anton Siluanov

Russia not to call itself in default - finance minister

Russia not to call itself in default - finance minister

Russia will service its external debt obligations in roubles if the United States blocks other options and will not call itself in default, Russian Finance Minister Anton Siluanov said. “We are not going to call any defaults, we …

Russia's oil output may drop as much as 17%

Russia's oil output may drop as much as 17%

Russia’s oil production this year may drop by as much as 17% amid international restrictions on buying the nation’s crude, Russian Finance Minster Anton Siluanov said.  “The output will decline. By what amount? …

Russia to cover budget deficit with rainy-day fund in 2022

Russia to cover budget deficit with rainy-day fund in 2022

Russia's National Wealth Fund (NWF), a rainy-day cushion containing oil revenues, will be the main source of financing for a budget deficit seen at 1.6 trillion rubles ($21.6 billion) or more in 2022, Russian Finance Minister Anton Siluanov …

Russian finance minister to attend G20 meeting virtually

Russian finance minister to attend G20 meeting virtually

G20 host Indonesia said on Thursday that Russian Finance Minister Anton Siluanov has confirmed he planned to attend next week's meeting of finance ministers and central bank governors from the Group of 20 major economies virtually. …

Russia doesn't default on its foreign debt

Russia doesn't default on its foreign debt

Russian Finance Minister Anton Siluanov has called the information spread by CNN about Russia defaulting on its foreign debt "incorrect". He elaborated that questions about why investors, including Americans, did not receive …

Rouble, bonds and stocks extend slump

Rouble, bonds and stocks extend slump

The Russian rouble gave up earlier gains and fell sharply on Friday, extending its biggest drop in 15 months on fears over an escalation of geopolitical tensions between Moscow and the West while government bonds and stocks suffered heavy losses

Russia among leaders in budget stimulation in G20

Russia among leaders in budget stimulation in G20

Russia is holding a leading position among the Group of Twenty (G20) countries in terms of budget stimulation, and the fiscal impetus in the country was 6.3% of GDP in 2020, Finance Minister Anton Siluanov said in the article posted in the …

Russia to cut dollar holdings from Wealth Fund

Russia to cut dollar holdings from Wealth Fund

Russia will eliminate the dollar from its National Wellbeing Fund, shifting to euros, yuan and gold, Finance Minister Anton Siluanov said, as the Kremlin seeks to reduce exposure to U.S. assets amid threats of sanctions. "We can …

Siluanov urges youth to improve financial literacy

Siluanov urges youth to improve financial literacy

Young people need to improve their financial literacy, the head of the Ministry of Finance of the Russian Federation, Anton Siluanov said, addressing senior students of school No. 17 in Obninsk (Kaluga region). The lesson was held …

Siluanov: Russia’s GDP grows 2.2% on year in October

Siluanov: Russia’s GDP grows 2.2% on year in October

Russia’s GDP growth sped up to 2.2% on the year in October, but will fall within the government’s forecast of 1.3% in 2019, Russian Finance Minister Anton Siluanov said during the Russia Calling! business forum. …