state budget of Russia

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Siluanov forecasts oil price at $40 per barrel in 2016

Siluanov forecasts oil price at $40 per barrel in 2016

Russia's finance ministry expects the average price of oil at $ 40 per barrel, Russian Finance Minister Anton Siluanov said. "Our estimate for next year is around $40 per barrel when estimating budget revenues. …

Deficit of Crimean budget for 2016 is 19 billion rubles

Deficit of Crimean budget for 2016 is 19 billion rubles

Crimea has approved the budget for 2016. Its deficit amounted to 19.3 billion rubles, or 22.3% of spending. According to the Crimean Minister of Finance, Vladimir Levandovsky, the deficit of the Crimean budget is …

Sergey Ryabukhin about Russia's budget for 2016

Sergey Ryabukhin about Russia's budget for 2016

Today, the Chairman of the Federation Council Committee on Budget and Financial Markets, the senator from the Ulyanovsk Region Sergey Ryabukhin, visited the studio of Vestnik Kavkaza. During the program Tribune he spoke …

Russia's budget for 2016 approved

Russia's budget for 2016 approved

Russian President Vladimir Putin has approved the law on the federal budget for 2016. Due to the high volatility on the financial and commodity markets, the annual budget has been adopted for one year, instead of three years as it was earlier. The ...

Russian people's incomes in 2018 to be lower than in 2014

Russian people's incomes in 2018 to be lower than in 2014

The Russian Ministry of Economic Development has published a new prediction of the economic situation for the next three years (2016-2018). According to the Ministry, the incomes of Russians in 2018 will be below the level of 2014. The experts ...

Medvedev: Draft budget will be ready after a week

Medvedev: Draft budget will be ready after a week

‘‘Despite the fact that the preparation of the draft budget in the current economic situation is not an easy task, but the draft budget will be completed in a week,’’ said Russian Prime …

Medvedev: expenditure on science won’t be cut

Medvedev: expenditure on science won’t be cut

Today Russian Prime Minister Dmitry Medvedev has said at the online conference ‘The technological revolution. The agenda of Russia’ that expenses in 2016 for science won’t be …

Expenses of 2018 FIFA World Cup to be reduced again

Expenses of 2018 FIFA World Cup to be reduced again

The Cabinet of Ministers has addressed to the regions of the Russian Federation with a request to reduce expenses of the 2018 FIFA World Cup. First Deputy Prime Minister Igor Shuvalov urged to …

Russian Ministry of Finance ready to fill budget with oil rubles

Russian Ministry of Finance ready to fill budget with oil rubles

The Russian Finance Ministry has prepared new proposals on taxes aimed at replenishing the budget. It is planned to take ruble revenues from oil exporters, who benefited in ruble terms from the fall in oil prices and the collapse of the ...

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 …