The Ministry of Finance and the Bank of Russia have drafted an initiative offering guarantees to new foreign investors irrespective …
Russia expands LNG deliveries to Europe
Russia has become the second-largest supplier of liquefied natural gas (LNG) to Europe. Currently, LNG makes up 40% of Russia’s …
Vladimir Putin explained the sudden surge in the economy
Russian President Vladimir Putin stated that the country’s economic growth is largely due to the strengthening of sovereignty, during a …
Siluanov explained the fall of the ruble with sanctions
Finance Minister Anton Siluanov believes that a sharp drop in the ruble in the international market was due to the …
Siluanov: DFA will help bypass sanctions
Digital financial assets (DFA) are an excellent solution for settlements today: they allow to bypass banks that do not want …
Mishustin announced high GDP growth
Despite unprecedented sanctions pressure from unfriendly states, Russia’s gross domestic product continues to grow. According to the updated estimate of …
Almost half of Russians participate in draws
45% of Russians take part in draws, as they would like to win an apartment, car or a large cash …
Average loan size declines in Russia
The average consumer loan amount in Russia dropped by 5.7% last month, reaching 152,300 rubles. According to the National Bureau …
Russia’s budget deficit shrinks
According to preliminary estimates from the Russian Ministry of Finance, Russia’s federal budget revenues reached 29.67 trillion rubles in January …
The head of the Bank of Russia explained the sharp rise in prices
The rise in prices in 2024 is a consequence of overheating demand, the head of the Bank of Russia Elvira …