Russia’s National Wealth Fund (NWF) will be able to withstand one more economic crisis amounting to the crisis of 2014, head of the Accounts Chamber and initiator of the Reserve Fund Alexey Kudrin said. "In …
Twenty years ago, on August 17, 1998, Russia announced a technical default on main types of sovereign debt securities to the amount about $72.7 million. One of the main reasons of crisis was the oil price collapse to $9.1 per …
Higher oil prices may help boost expansion
It can surprise next year by accelerating growth to 1.5%
Russian President Vladimir Putin signed the law on the Russia’s federal budget for 2017 and the planned period of 2018-2019. The document was posted on the official website of legal information. The budget law for …
Rising oil prices will not solve the internal problems of the Russian economy, but may create the illusion of returning prosperity, Central Bank Chief Elvira Nabiullina believes. Russia’s Central Bank does …
Some big Western companies were betting Russia’s economy will soon come out of the deep freeze
There are signs of recovery in the consumer activity in Russia, but the consumption growth should not be too fast to avoid bubbles, the governor of Russia's Central Bank, Elvira Nabiullina, said at the Russia …
The main problem is who will pay for expensive restructuring process
Rector of the Russian Academy of National Economy and Public Administration under the President of Russia Vladimir Mau believes
Russia’s Economic Development Ministry has worsened almost all of its forecasts for the country’s economy in 2016–2019, and none of the adjusted forecasts envisages high growth dynamics and achievement of a 4% inflation target, …
Russia’s Prime Minister Dmitry Medvedev wrote an article entitled 'Russia’s social and economic development: acquisition of new dynamics' for the Voprosy Ekonomiki (Economic Issues) magazine. He …
Real incomes of Russians are falling more than volumes declining economy, the Government’s Deputy Prime Minister Olga Golodets said at the session titled 'Improving the welfare of the population as a driver of …
Russia’s Sberbank sees some signs of stabilization of the national economy amid rising oil prices and the strengthening of the ruble, the head of Sberbank German Gref said. This makes it possible to predict the …
Any innovations in the education system, associated with the payment system or the establishment of professional standards for teachers in Russia, should not negatively affect the economic situation of teachers," Russian Prime Minister …
Economic agents are feeling much more optimistic than a year ago
Any model of economic development in Russia must be based on the assumption that low oil prices and Western sanctions would persist for a long time, Russia Prime Minister Dmitry Medvedev said Tuesday, Sputnik …
The Board of Directors of the Russian Central Bank has decided to maintain its key rate at 10.5% per annum at the today's meeting. "The decision and further tight monetary policy will contribute to achieving the inflation …
The decline in Russia’s key economic indicators has slowed down due to implementation of the government’s supportive measures, though they are still in the negative zone, the Russian Prime Minister Dmitry Medvedev …
The All-Russian Public Opinion Research Center (VCIOM) has conducted a public opinion poll to find out the significance of material and financial reserves for Russian people. According to its findings, 66% of respondents did not save …
