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The treasury - which is a part of the Russian finance ministry - may start independently buying foreign currency on the market without the central bank involvement from 2018, the head of the treasury, Roman Artyukhin, …
Russian finance minister Anton Siluanov proposed scrapping the country's oil export duty from 2022-2025 as the government looks to optimise the tax system for the oil and gas industry. Speaking at an economic …
Russia is considering raising value added tax but lowering mandatory social security payments, the country's Finance Minister Anton Siluanov said today, speaking at an economic conference in Moscow. Siluanov said …
Russia's Finance Ministry plans to spend 70.5 bln rubles ($1.2 bln) on foreign currency purchases on the domestic market during the period from March 7 to April 6, 2017, the Ministry said in a statement.
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 project of issuing "people's" OFZ bonds, announced by Russia's Ministry of Finance on Monday, raises a lot of questions and looks fishy rather than appealing for the public, economists Sergey Hestanov and …
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 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 …
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 …
Oil prices will be hovering around $40-60 per barrel in 2017-2019, the Russian Finance Ministry’s Main guidelines for 2017-2019 debt policy said. "The oil price dynamics will still be one of the key risks for the Russian …
The Russian central bank will buy the equivalent of 6.3 billion rubles ($106 million at current market prices) a day on the Moscow Exchange this month to replenish the country's fiscal reserves, the Russian finance ministry said. …
Today during trades on the Moscow Stock Exchange the dollar passed psychological barrier of 60 rubles per $1. For some time the US currency drifted around 59,9-60,05 rubles per $1, but then went up, gaining almost 1 ruble since trades …
Russia may place $3 billion worth of Eurobonds this spring in a single issue, Finance Minister Anton Siluanov told reporters on Wednesday, Reuters reported. Siluanov said the government had decided not to use additional …
According to the Russian Finance Ministry estimates, export duty on oil in Russia will increase by $10.4 dollars and will reach $89.5 per tonne from February 1, 2017. Currently, the export duty on crude oil totals $79.1 per tonne. …
Russia can create a unified document on economic policy, this initiative was proposed by Russian Finance Minister Anton Siluanov at the Gaidar forum. Siluanov made this proposal responding to the question of head of …
A panel discussion on 'the model of sustainable economic growth for Russia' is being held in the framework of the 8th Gaidar Forum in Moscow. It was opened by an address of the chairman of the Board of the Center for Strategic Research, …
The Russian government is considering additional assets that may be privatized in 2017, the Finance Minister Anton Siluanov said. "[Our planned privatization revenues next year] amount to 138 bln rubles ($2.3 bln) …
Russia should not consider the introduction of a progressive personal income tax scale in the coming years, the Russian Finance Minister Anton Siluanov said at the congress of the Russian Union of Industrialists and …
The Russian government is considering a progressive personal income tax scale, the Russian Deputy Prime Minister Olga Golodets said. “I think that in order to alleviate poverty, an income tax exemption on the …
Russian Finance Minister Anton Siluanov has presented a draft budget for 2017 and the planned period of 2018-2019 at the plenary session of the State Duma. According to the draft, budget revenues will be 13.487 trillion …
