The Russian economy is recovering quicker than the government had expected, Deputy Finance Minister Vladimir Kolychev said on Tuesday. The Russian economy shrank 3% in 2020 amid a drop in oil prices and the COVID-19 pandemic. It is …
Russia’s budget policy is stable and poses no inflation risks, Russian Deputy Finance Minister Vladimir Kolychev said at the S&P Global Ratings 2019. He noted that it will remain stable even if around 1 …
The Russian Finance Ministry will reduce the dollar's share in the structure of the National Wealth Fund (FNB), Deputy Finance Minister Vladimir Kolychev said. “I can say with certainty that the U.S. dollar …
Russia's Finance Ministry and the country's Central Bank plan to discuss a mechanism to introduce capital controls in the event of a severe crisis, the country's Deputy Finance Minister Vladimir Kolychev …
Russia’s Finance Ministry expects that the oil price will drop to $40 per barrel after the oil production reduction agreement between OPEC and non-OPEC oil producers expires, Russia's Deputy Finance Minister Vladimir …
