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The forecasted deficit of the federal budget in 2018 will reach 1.33 trillion rubles ($23.07 bln) with income of 15.18 trillion rubles ($263.28 bln) and expenditures of 16.51 trillion rubles ($286.35 bln), according to the draft law on the …
Russian Finance Minister Anton Siluanov said that the country's budget deficit in 2018 will be the lowest in recent years. "The budget deficit in 2018 will stand at 1.6% of the GDP. This is the lowest deficit …
Russia’s budget this year is to receive a surplus of one trillion rubles due to growing oil prices, Russia’s energy minister Aleksandr Novak said. According to him, for the agreement signed late last …
Russia's finance ministry suggests cutting this year's budget deficit by 829 billion rubles (£11.3 billion) by 30.1% to 1.924 trillion rubles. The ministry also sees this year's budget revenues rising by 1.144 trillion …
Russia's budget deficit in the April of this year reached 515.538 billion rubles, according to the Treasury Department. Thus it declined 2.4 times in comparison with the results of January. Budget revenues in …
The Russian budget in April received only 18.5 billion rubles as additional oil revenues, instead of previously projected 64.5 billion, the country's Ministry of Finance said. The deviation of the actually received oil and gas …
The new fiscal rule that restricts Russian budget spending of additional oil and gas revenue might be formally introduced in 2018, Kremlin aide Andrei Belousov said. "In principle, yes. But essentially, it is …
Russia's budget in 2017 may receive additional revenues of some 1.5 trillion rubles ($25.9 billion) if global oil prices stand at the range of $50-$60 per barrel, the Russian Energy Minister Alexander Novak said. …
Relatively low oil prices, structural impediments, and sanctions will continue to impinge upon the rebound in GDP
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 …
Russian regions’ budget deficit will go down almost twofold by 2019 compared with 2016, Prime Minister Dmitry Medvedev said. "As a result the situation around regional budgets is going to improve on the …
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 …
Rosneft CEO Igor Sechin has reported to the Russian President Vladimir Putin that all the proceeds from the privatization of 19.5% of the shares of Russia's largest oil company Rosneft have been …
The new Russian Minister of Economic Development Maksim Oreshkin sent to the government the first policy document - a draft "Action Plan aimed at increasing the Russian economy growth in 2017", the Russian media with …
The Russian State Duma approved the draft budget for 2017 and the planned period of 2018-2019 in the third and final reading. 315 members of parliament voted for approval of the budget, 99 voted against it, TASS reports. …
The Russian State Duma approved the draft budget for 2017 and the planned period of 2018-2019 in the second reading, TASS reports. 325 members of parliament voted for approval of the budget, 57 voted against it, and 1 lawmaker …
The State Duma has approved Russia’s budget for 2017 and the planned period of 2018-2019 in the first reading. 334 lawmakers voted for and 100 against the draft, TASS reports. Russian Finance Minister …
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 …
Speaker of Russia’s Federation Council, Valentina Matviyenko, took part in the parliamentary hearings "On the parameters of the Draft Federal Budget for 2017 and the 2018-2019 Planning Period". "We …
