Russian government

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 Kerch bridge to be commissioned in December 2019

Kerch bridge to be commissioned in December 2019

Commencement of temporary operation of the Kerch Bridge railway segment is postponed for one year to December 2019, the Russian Government said in a decree amending terms of the government contract for the bridge design and construction. …

Pros and cons of 'frozen' budget

Pros and cons of 'frozen' budget

The Russian Finance Ministry’s proposal to freeze the federal budget spending in nominal terms for 3 years was approved yesterday at a meeting with the Prime Minister Dmitry Medvedev. The ministry proposed to set the …

Medvedev urges to change tax system in the Russian Federation

Medvedev urges to change tax system in the Russian Federation

Russian Prime Minister Dmitry Medvedev said that it is necessary to re-write the tax system in Russia in such a way that it can raise the money in the budget and also stimulate the creation of promising competitive products and …

Russia lifts embargo on meat and vegetables used in baby foods

Russia lifts embargo on meat and vegetables used in baby foods

Russia’s government has made a decision to allow imports of poultry, beef and vegetables used in baby foods manufacturing, the Governmental Decree n.472 of May 27, 2016 said. Cattle meat, poultry meat and by-products as well as …

 Russia may extend counter-sanctions until late 2017

Russia may extend counter-sanctions until late 2017

Russian Prime Minister Dmitry Medvedev has ordered to draft proposals to extend Moscow's food embargo until the end of 2017. "I assigned to prepare a proposal to extend counter-sanction measures not for one …

Shuvalov: Russian economy has a potential for growth

Shuvalov: Russian economy has a potential for growth

The First Deputy Prime Minister Igor Shuvalov said that Russia's economy has adapted to the most difficult challenges and has a potential for growth. "We are going through a difficult time, but …

Will freezing salaries help Russian economy?

Will freezing salaries help Russian economy?

Representatives of the Russian Central Bank for the first time mentioned the threat behind a slow decline of inflation in Russia. The domestic inflation calculated by experts has stabilized, but at a level above 4%. Thus, the Bank of Russia supported the Ministry of Economy's and the Ministry of Finance's intention to reduce labor costs in the economy.

Medvedev reports on the government's work over the year

Medvedev reports on the government's work over the year

Today, Russian Prime Minister Dmitry Medvedev presented his report on the work of the government over the past year in the State Duma. Prime Minister noted that during this period, the country's economy faced many …

Dmitry Medvedev to visit Armenia on April 7

Dmitry Medvedev to visit Armenia on April 7

Russian Prime Minister Dmitry Medvedev will start his two-day visit to Armenia on April 7. "The talks with the Armenian leadership are expected to focus on the state and prospects for bilateral cooperation in …

 Will Russia form three-year budget again?

Will Russia form three-year budget again?

The Russian government is returning to three-year budget planning. According to the Kommersant newspaper, on February 26 the Cabinet of Ministers on behalf of the First Deputy Prime Minister Igor Shuvalov addressed …

Russia won't ask EU to lift sanctions

Russia won't ask EU to lift sanctions

Russia does not intend to ask the European Union to lift sanctions, Deputy Prime Minister of Russia Sergey Prikhodko stated today. He also noted that the Russian response to these sanctions has created problems, …