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The Russian Central Bank can reduce its key rate further, the country's Economic Development Minister Maxim Oreshkin said. "We see that the central bank has already cut the rate twice. Based on all of …
The Russian economy will not be under serious pressure even if oil prices drop to $40 per barrel, Russia's Economic Development Minister Maksim Oreshkin said. "If the global economy faces serious problems, …
Next year, the Russian economy is expected to face problems associated with a lending cycle phase change - this conclusion follows from the 2019-2024 macro forecast published by the Russian Economic Development Ministry. Russia's …
The poverty level in Russia is seen at 12.5% this year, Russian Economic Development Minister Maxim Oreshkin said. According to the minister, the poverty level is seen at 11.7% in 2021 and at 6.6% in 2024, RIA Novosti …
The Russian Economic Development Ministry lowered the inflation forecast for 2019 to 3.8% from 4.3%, the ministry's head Maxim Oreshkin said. The inflation forecast was set at 3% for 2020 and at 4% for …
Russian President Vladimir Putin expressed concerns about the slow growth of real incomes. "Given the increase in wages in the economy, real incomes of people are growing slowly," the Russian leader said, …
Russia and China are in talks on various fields of cooperation including Moscow’s replacement of some U.S. goods for China and shifting China to the Russian market, Russian Economic Development Minister Maxim Oreshkin …
Russia's Minister of Economic Development Maxim Oreshkin said that the ministry retains an estimate of annual inflation in 2019 below 4%. "Our expectations remain below 4%. We see that inflation has …
Russian economy minister Maxim Oreshkin said that there was no common agreement between the G20 members on how to reform the World Trade Organization (WTO), but in Moscow’s opinion, the WTO should remain the cornerstone of …
Tightening of sanctions against Iran, one of the biggest oil producers, has an impact on the balance on the commodities market, and this can lead to growth of oil prices, Russia's Economic Development Minister Maxim …
Russia’s Economic Development Minister Maksim Oreshkin said that annual inflation may slow down swiftly in summer. "We currently see a decline of prices for fruits and vegetables, which is why whether …
The 23rd annual International Economic Forum (SPIEF) kicks off in Russia’s city of St. Petersburg at the ExpoForum Convention and Exhibition Center The forum will be held on June 6-8 under a motto of 'Creating a Sustainable Development …
Russia’s Economic Development Ministry maintains its GDP growth outlook for 2019 at 1.3%, Minister Maksim Oreshkin said. "So far yes," Oreshkin said when asked whether the ministry considers the GDP …
Russia is one of the economies that is best protected from negative consequences, including a trade war between the U.S. and China, Russia's Economic Development Minister Maxim Oreshkin said. "Russia is in many …
Russia's Economic Development Minister Maxim Oreshkin believes that the trade war between the United States and China can reduce the prices of Russian resources. "It is clear that this whole story will …
Turkish Trade Minister Ruhsar Pekcan will pay a working visit to Moscow today. During her visit, she is going to hold bilateral meetings with Russian Energy Minister Alexander Novak and Economic Development …
The Russian Ministry of Economic Development retained its forecast for inflation in Russia for 2019 at the level of 4.3%, Minister of Economic Development Maksim Oreshkin said. "In general, the situation with …
Russian Minister for Economic Development Maxim Oreshkin said that he would like to work as the president of Russia. According to Oreshkin, he still "have not done much," but he would like to do it. …
The planned amendments to the E.U. Gas Directive will not influence Nord Stream-2, Russian Economic Development Minister Maxim Oreshkin said at the 'Competitive Russia - new ways' conference in Berlin. The …
The ruble exchange rate will remain stable if the oil prices are $ 40 per barrel and more, Russian Economic Development and Trade Minister Maxim Oreshkin said. In addition, the Minister also pointed out that in the long term, the rate …
