Accounts Chamber of Russia

Russian national debt down $2.6 bln YTD

Russian national debt down $2.6 bln YTD

Russia’s foreign debt contracted by $2.6 bln year-to-date, the Accounts Chamber said in its flash report on the budget performance in the first quarter of this year. "The foreign debt of the Russian Federation stood at …

Kudrin urges to strengthen support for business and citizens

Kudrin urges to strengthen support for business and citizens

State support for the population and business should be prolonged and strengthened, the head of the Accounts Chamber of Russia, Alexei Kudrin said. He noted that the Russian government has already taken serious measures to support the …

North Caucasus accused of being ineffective

North Caucasus accused of being ineffective

The Accounts Chamber of the Russian Federation in its report criticized the state support allocated for the socio-economic development of the North Caucasus regions in 2017-2019. In 2017-2018, 8.8 billion rubles were allocated for …

Peskov: it's incorrect to state growth of poverty in Russia

Peskov: it's incorrect to state growth of poverty in Russia

It is impossible to speak about the growth of poverty in Russia, although the number of people whose income has decreased is on the rise, Russian Presidential spokesperson Dmitry Peskov said, while commenting on the statement by …

Kudrin: any new sanctions may shock Russian economy

Kudrin: any new sanctions may shock Russian economy

Head of the Russian Accounts Chamber Alexei Kudrin said that Russia has adapted to the existing sanctions, but new sanctions may shock the Russian economy, which would have to go through adaptation again. …

"We have fallen into serious stagnant hole"

"We have fallen into serious stagnant hole"

Russia's economic situation reminds me of the era of post-war stagnation, Russian Accounts Chamber Chairman Alexei Kudrin said today. "For the last 10 years we have been living with a growth rate of 1%. …

Russia's pension reform to be adopted in first reading

Russia's pension reform to be adopted in first reading

Accounts Chamber of Russia has found several shortcomings in the government’s bill on raising the retirement age, while having no conceptual remarks to the document, according to the letter to the Chairman of the Duma Committee on …

Russian budget  has1.5 trillion deficit

Russian budget has1.5 trillion deficit

In the first five months of this year the Russian budget deficit amounted to 1.5 trillion rubles. Such data are contained in the report of the Accounts Chamber of Russia. It clarifies that the federal …