Russian gross international reserves reached $528.4 billion as of August 16, up by $1.3 billion or 0.2% from a week ago, Russia's Central Bank has reported. Russia’s international reserves are now well beyond the $500 …
Russia should increase a share of gold in its state reserves to beef up national security, the First Deputy Chairman of Russia’s Central Bank Sergey Shvetsov said. "The Bank of Russia and other countries give …
Russian President Vladimir Putin signed a law on a new fiscal rule, as well as a merger of the Reserve Fund and the National Welfare Fund. The text of the decree was placed on the official internet portal of legal …
Russia's Reserve Fund declined slightly to $16.07 billion by March 1 from $16.18 billion at the start of the previous month, Russia's finance ministry data showed. The Reserve Fund, which was accumulated over years of high oil …
The Russian Finance Ministry has prepared a draft 2016 budget with a deficit amounting to 3.034 trillion rubles, or 3.66% of the gross domestic product (GDP). Nominal spending was increased by 304 billion rubles to 16.403 trillion …
The Russian Reserve Fund will be exhausted over the course of the next year, the budget deficit financing will start from the Russian National Wealth Fund, Deputy Finance Minister Alexei Lavrov told journalists on Friday, TASS …
Russia's Ministry of Economic Development expects the reduction of the total volume of Reserve Fund and National Welfare Fund from current 7.6 trillion rubles to 2 trillion by 2020, according to the forecast for 2017-2019, approved by …
Yesterday, the Economic Development Ministry proposed a new anti-crisis action plan in the economy this year to the Russian government, the State Secretary, Deputy Minister Oleg Fomichev said. "We offer to find …
The head of the Ministry of Finance, Anton Siluanov, does not exclude the possibility that the authorities will have to use the Reserve Fund if oil prices remain at the level of 30 dollars per barrel. "Of course, …
The volume of the Russian Reserve Fund has decreased by 36.4% in comparison with the volume in 2015. On February 1st its size was 3.737 trillion rubles, information posted on the website of the Ministry of Finance stated. The amount of the …
Russian Finance Minister Anton Siluanov said the next year my be last for the Reserve Fund. Siluanov added the budget shortfall for 2015 is expected to be 2.6 trillion rubles. "This means that 2016 is the last …
The retirement age in Russia may be raised from next year, otherwise the Reserve Fund and National Welfare Fund could end in 2018. According to Vedomosti newspaper, the Finance Ministry is suggesting the retirement age in Russia ...
