Novak announces Russian inflation rate for 2025
Inflation slowed to 0.42% in November, while in October, price growth amounted to 0.5%
Russian Ministry of Economic Development
"North-South" becomes Russia's key infrastructure project
The development of the International North-South Transport Corridor is a priority for the Russian government, Russia's Economic Development Minister Maxim Reshetnikov said at the VTB 'Russia Calling!' investment forum.
Russia's annual inflation falls below 7%
The inflation rate in Russia fell from 7.12% to 6.92% last week
NCFD ski resorts to receive funds for development
Funds will be allocated from the Russian budget
Russia and Iran increase trade volumes by a third
Trade turnover between Russia and Iran has risen by 35% since May of this year, according to Russian Minister of Economic Development Maxim Reshetnikov.
Russian economy cooling faster than expected - ministry
The Russian economy is cooling faster than previously expected, Russia's Economic Development Minister Maxim Reshetnikov said on the sidelines of the Eastern Economic Forum.
Siluanov announces expected GDP growth rates
The Ministry of Economic Development is refining its forecasts for the growth of the Russian economy
Russia lifts ban on tour sales to Israel
Israel's Ministry of Tourism has announced the removal of Russia's ban on selling tours to Israel. The Director-General expressed confidence that the situation in the country is safe.
Oreshkin: Russian economy at unique point
The Russian economy is expected to have long-term growth, the country's Minister of Economic Development Maxim Oreshkin said. The minister noted that foundation of changes in the last two years is very strong. …
Why will low inflation not save Russian economy?
The excessively rapid decline in inflation is not a healthy process, it will be rather a problem for Russia's economy, the head of Sberbank German Gref said during a broadcast on the Rossiya 24 TV channel. According …
Russia's Economic Development Ministry expects more aggressive key rate reduction if OPEC deal extended
Russia expects the Central Bank to pursue a more aggressive policy regarding the reduction of its key rate if the oil production cut agreement between OPEC and non-OPEC nations is extended, Russia’s Economic Development minister …
Ministry of Economic Development: Russian-Iranian trade turnover doubled
The year-on-year trade turnover between Russia and Iran almost doubled in January 2017, exceeding $155 million, the Russian Ministry of Economic Development said. "The Russian-Iranian trade turnover in January 2017 increased by 98% …
Russia's economic development minister: oil price declines due to several factors
Decline of oil prices is due to several factors, including production growth in the US and possible changes in the further actions of the OPEC, Russia’s Economic Development Minister Maxim Oreshkin said. "The …
Will cash payments to be limited in Russia?
The Russian Ministry of Finance and the Ministry of Economic Development are discussing plans to limit cash payments in a bid to combat Russia’s “shadow economy.” The new measures could include a ban on …
Russia’s Economic Development and Finance ministries agree to raise VAT
Russia’s Economic Development and Finance Ministries have agreed that they will have to cut taxation of labor and compensate budget losses by higher indirect taxes like value-added tax (VAT) in order to support the economy, Vedomosti …
Will Russian economy start to grow?
Russia's economy may grow 1.1% this year and 1.5% next after contracting in 2016, a Bloomberg survey of 39 economists shows. Earlier, Economy Minister Maxim Oreshkin said that Russia's economy could …
Russia to net 17 billion rubles from privatisation deals
Russian government has adopted the program on privatization of state-owned assets for 2017-2019, Deputy Prime Minister Dmitry Kozak said. The government meeting headed by Prime Minister Dmitry Medvedev focused on the …
Export duty for Russian oil increases
The export duty for Russian oil has increased by $10.4 to $89.5 on February 1 from $79.1 per ton, the Russian Ministry of Economic Development said. The export duty for heavy oil has grown from $12 per ton in January to $13.9 per ton …
Azer Talibov appointed Russian Deputy Minister of Economic Development
Russian Prime Minister Dmitry Medvedev has appointed Azer Talibov the Deputy Minister of Economic Development of the Russian Federation. The corresponding order was published on the …
Russia appeals to WTO over EU duties
Russia appealed to the World Trade Organization to settle a dispute with the European Union over anti-dumping duties imposed on its steelmakers, the Russian Ministry of Economic Development said. "The reason for the suit was …