How Russians’ salaries to grow in 2023?
Forecasts for the growth of real wages and real incomes of the population were announced by the head of the Ministry of Economic Development
Maxim Reshetnikov
Putin praises North Caucasus’ positive dynamics
The President of Russia positively assessed the dynamics of the economic development of the regions of the North Caucasus Federal District
Russia and Iran introduce visa-free travel for tourists
Russia and Iran plan to implement a visa-free tourist travel agreement between the two countries in 2023, Russian Minister of Economic Development Maxim Reshetnikov said. "The list of tour operators who plan to put these groups …
Russia proposes EEU to form common voluntary market for carbon units
Russia proposes establishing a common voluntary market for carbon units among Eurasian Economic Union (EAEU) member countries, and Economic Development Minister Maxim Reshetnikov delivered the statement at the EAEU seminar on the climate …
Russia to continue decarbonization efforts
The Ministry of Economic Development spoke about the relevance of the transition to a low-carbon economy
Inflation in Russia totals 11.9% in 2022
Inflation in Russia totaled 11.9% last year, which is below the projected level, Economic Development Minister Maxim Reshetnikov said at a government meeting headed by President Vladimir Putin on Wednesday. "Inflation [in Russia] …
Russia's inflation will be 12-12.4% by year-end
Inflation in Russia will not be above 12-12.4% by the year-end, Minister of Economic Development Maxim Reshetnikov said on Tuesday at the meeting held by President Vladimir Putin. "It will be definitely not above 12.4%. The range …
Ruble might gradually depreciate from 68.1 to 72.2 per dollar by 2025
Russia’s Ministry of Economic Development expects a gradual depreciation of the ruble by 2025 from 68.1 to 72.2 rubles per dollar, Minister of Economic Development Maxim Reshetnikov said. "The ruble exchange rate is based on …
Russia unveils economic development plan until 2030
The Russian Economic Development Ministry unveiled on Tuesday the scenarios for the development of the Russian economy until 2030. "The Russian Economic Development Ministry, together with industry departments under the leadership …
Unemployment in Russia to rise in autumn?
Russia’s Economic Development Ministry expects unemployment to grow this autumn from the current level of 3.9%, Minister Maksim Reshetnikov said on Friday, adding that the situation on the country’s labor market was under control. …
Major logistics center to be built in North Ossetia
The head of North Ossetia, Sergei Menyailo, announced the construction of a major industrial and logistics center in the republic. He noted that now the republic has found a potential investor for the project, and the financial model of …
Russia,Thailand plan to resume flights
Russia and Thailand are interested in resuming direct flights between the countries, a representative of the Ministry of Economic Development of the Russian Federation said following the meeting of the head of department Maxim Reshetnikov with …
Russian Minister of Economic Development to arrive in Tashkent tomorrow
Russian Minister of Economic Development Maxim Reshetnikov will arrive in Tashkent tomorrow. This was reported on the Telegram channel of the Russian Embassy in Uzbekistan. The diplomatic mission said that Ambassador Oleg Malginov took …
Russia raises 2021 inflation forecast to 7.4%
Russia has raised its 2021 inflation forecast to 7.4% from 5.8%, the economy minister said on Tuesday, adding to pressure on the central bank to raise interest rates for the sixth time this year at its rate-setting meeting next week. …
Russian economic development ministry sees disinflation trend
Russia’s Economic Development Ministry sees a disinflation trend and does not expect major fluctuations, Minister Maksim Reshetnikov told reporters on Thursday, adding that in monthly terms the growth of consumer prices slowed down from …
Russia to keep measures restricting exports of food products in place
The current restrictions on exports of key food products will stay in place in Russia to protect the domestic market from price rises, Russian Minister of Economic Development Maxim Reshetnikov said on Sunday. According to the minister, …
Mishustin and Russian ministers arrive in Dagestan
Russian Prime Minister Mikhail Mishustin arrived in Dagestan on a working trip on Wednesday. The minister is accompanied by the head of the Ministry of Health Mikhail Murashko, head of the Federal Tourism Agency Zarina Doguzova, …
Extent to which investment in Russia decline in 2020 announced
Investments in the Russian economy last year declined by only 4.3%, Minister of Russian Economic Development Maxim Reshetnikov said during the "Government Hour" at the State Duma. "We also managed to achieve …
Russian economy ministry predicts GDP to contract in 2020
Russia’s economy is on track to shrink by 5% in 2020 and the rouble will remain weak as the novel coronavirus pandemic and low oil prices hit home, the Russian ministry of economic development said. "The situation with …
Economic Development Minister rules out new default possibility in Russia
Russia's Economic Development Minister Maxim Reshetnikov ruled out the probability of a default in Russia similar to the one the authorities announced in 1998. "No," the minister said, answering the …
