Anton Siluanov

Russia's budget deficit to reach 2-2.5% of GDP in 2023

Russia's budget deficit to reach 2-2.5% of GDP in 2023

Russia's federal budget deficit could exceed the planned 2% of GDP this year, Russian Finance Minister Anton Siluanov said. "Right now the size of the deficit is approximately at the level that we factored into …

Russia offers China to expand financial cooperation

Russia offers China to expand financial cooperation

Russian Finance Minister Anton Siluanov expressed the opinion that the increase of trade between Russia-China trade should be supported by the improvement of the mechanism for financial cooperation between the countries. …

Siluanov expects decline in Russia's inflation

Siluanov expects decline in Russia's inflation

Inflation in Russia is under control and it is expected to decrease during the first half of the year, Finance Minister Anton Silyuanov said. "Inflation is under control, inflation is going down, and it will …

Russia's budget deficit reaches 3.3 trln rubles in 2022

Russia's budget deficit reaches 3.3 trln rubles in 2022

Russia had a federal budget deficit of tentatively 3.3 trillion rubles or 2.3% of GDP in 2022, Russian Finance Minister Anton Siluanov said at a cabinet meeting. "We overshot our revenue target last year, the total was just under …

Decline of Russia's GDP will be about 2.7% in 2022

Decline of Russia's GDP will be about 2.7% in 2022

The decline of Russia's GDP will be about 2.7% by the end of the year, Finance Minister Anton Siluanov said on the air at the Rossiya 24 TV channel on Thursday. He added that in 2023 the decline of GDP may continue. "The latest …

Russian Finance Ministry expects low inflation in 1H 2023

Russian Finance Ministry expects low inflation in 1H 2023

Inflation in Russia in the first half of 2023 will be at a low level, Finance Minister Anton Siluanov told reporters on Tuesday. "Inflation is declining. In the first half of next year, it will definitely be at a low level," …

West not to receive Russian oil at prices they set

West not to receive Russian oil at prices they set

Russia will not supply oil at the prices set by the West, it will look for new markets and logistics even with rising costs, Russian Finance Minister Anton Siluanov said. "What does the Russian Federation say? We will not …

Russian budget deficit to total around 2% of GDP in 2022, 2023

Russian budget deficit to total around 2% of GDP in 2022, 2023

Russia’s federal budget deficit will total around 2% of GDP in 2022, Russian Finance Minister Anton Siluanov told reporters on Thursday. "Due to major transactions on the financial market underway now, as well as substantial …

Russian Finance Ministry not to abandon dollar completely

Russian Finance Ministry not to abandon dollar completely

Russia will have to use foreign currencies, including the dollar, in respect of goods pegged to global prices, Russian Finance Minister Anton Siluanov said in an interview with RBC. "It will hardly be possible to completely do …

Russia ready to expand food export in 2023 - finance minister

Russia ready to expand food export in 2023 - finance minister

Russia is ready to expand the food export in the next year and there is a need to return to the free trade principle in order to do so, Russian Finance Minister Anton Siluanov said at the G20 Finance and Agriculture Ministers Meeting. …

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 …