Tatyana Nesterenko

Russia's Finance Ministry: 10% of state employees to be cut

Russia's Finance Ministry: 10% of state employees to be cut

The Russian government will start to reduce the number of state employees and raise wages to a competitive level next year, Russia's First Deputy Finance Minister Tatyana Nesterenko said in a speech to the Federal …

Russia completes H1 with 889.3 billion rubles deficit

Russia completes H1 with 889.3 billion rubles deficit

Russian federal budget deficit for H1 is 889.3 billion rubles, Russian Deputy Finance Minister Tatyana Nesterenko said. In January-May, this figure was 1.05 trillion rubles, or 3.7% of GDP. The income fell by 7% in comparison with …