Anton Siluanov

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Vitaly Mutko tasked with North Caucasus development

Vitaly Mutko tasked with North Caucasus development

Russian Prime Minister Dmitry Medvedev shared responsibility of implementation of state programs among his deputies, according to the website of the Russian government. Each of the ten deputy prime ministers will be …

What does 2019 bring for Russia?

What does 2019 bring for Russia?

The year 2019 marks changes in various areas of the country's life. Among other things, a slew of amendments to Russia’s Tax Code concerning both individuals and legal entities come into force starting from January 1, 2019.  …

Russia's actions to reduce dependence on dollar

Russia's actions to reduce dependence on dollar

Russian Finance Minister Anton Siluanov detailed the actions taken by the government to reduce Russian economy's dependence on the dollar. Siluanov noted that European companies are considering the idea of …

Siluanov: Russia's wages to grow by 6.3% this year

Siluanov: Russia's wages to grow by 6.3% this year

Growth of the Russian economy in 2018 will reach 2.1%, real wages will grow by 6.3%, Russia's First Deputy Prime Minister Finance Minister Anton Siluanov said. "We see that inflation is falling compared to the …

Siluanov reveals Russia's average pension payment

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 …

Siluanov: exchange rate could be 50 rubles per dollar

Siluanov: exchange rate could be 50 rubles per dollar

If there were no budget rule, the exchange rate could be 50 rubles per dollar, Russia's Finance Minister Anton Siluanov said. Siluanov said that the budget rule, under which energy revenues from oil sold at over $40 …

Russia's VAT hike to 20% to increase inflation by 1%

Russia's VAT hike to 20% to increase inflation by 1%

Russia's current inflation is 2.5%, the VAT hike from 18% to 20% will increase inflation by 1%, Russian Central Bank Governor Elvira Nabiullina told the state Duma. She said that inflation in Russia …