Maksim Oreshkin

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Russia improves its position in Doing Business rating

Russia improves its position in Doing Business rating

Russia has moved up to 35th place from the 40th in the Doing Business-2018 rating, which is annually prepared by one of the World Bank's divisions, the country's Economic Development Minister Maxim Oreshkin said at a …

Will bitcoin take over the world?

Will bitcoin take over the world?

Bitcoin would have become a good tool in the hands of artificial intelligence, if it intended to take over the world, Russia’s Economic Development Minister Maxim Oreshkin said, speaking at the International Festival of …

 Russia's authorities concerned about too low inflation

Russia's authorities concerned about too low inflation

Russia's annual inflation this month will be below 3%, which, however, can ot be assessed as a positive phenomenon in terms of deviation from the Central Bank's goal of 4%, the head of the Russian Ministry of Economic Development …

Putin predicts grand harvest this year

Putin predicts grand harvest this year

This year’s crop will beat all the previous records, Russian President Vladimir Putin said at a meeting with the head of the Ministry of Economic Development, Maxim Oreshkin. "It seems that there will be a record harvest once …

Oreshkin: Russia is US in early 1980s

Oreshkin: Russia is US in early 1980s

Russian Economic Development Minister Maxim Oreshkin compared the current situation in Russia's economy with the state of affairs in the US economy in the first half of the 1980s. According to him, low and steady …

Russia's Oreshkin: ruble to be stable despite sanctions

Russia's Oreshkin: ruble to be stable despite sanctions

Russian Economy Minister Maxim Oreshkin said that he expected the ruble to be steady in 2018-2020 despite Western sanctions and an expected decline in oil prices, RIA Novosti reported. The rouble firmed 6% so far this year to 57.73 …

Russian economy gains momentum, Putin says

Russian economy gains momentum, Putin says

The Russian economy has emerged from the crisis and is gaining momentum. This momentum should be maintained, Russian President Vladimir Putin said, adding that positive factors will gradually be felt by the population and business community. …

Russian Economy ministry: current ruble level reasonable

Russian Economy ministry: current ruble level reasonable

The ruble exchange rate should be "pretty stable" at current levels for the rest of the year after temporary factors affecting it in the first half have worn off, Russia’s economy minister Maxim Oreshkin said …

Oreshkin says current ruble exchange rate is normal

Oreshkin says current ruble exchange rate is normal

Russia's Minister of Economic Development Maxim Oreshkin said the  current ruble exchange rate is "normal". According to him, the current rate corresponds to the dynamics of capital flows. "The …