Monday, July 7, 2025
The Ministry of Finance, which has been in charge of the activities of the Federal Property Management Agency since 2020, has big plans for privatization regarding abandoned facilities, said Deputy Finance Minister Alexei Moiseev at the Moscow Financial Forum. “The Accounts Chamber announced yesterday that it is necessary to open...
The economic crisis in Russia caused by the COVID-19 pandemic hasn't yet fully ended, Finance Minister Anton Siluanov said in an interview with the TV channel "Russia 24". The head of the Ministry of Finance said that at present it is impossible to say that the crisis is completely over...
Currently, the cost of recreation in large cities of Russia with high-quality rooms has decreased compared to the level of 2019, Rosturizm said in a statement. Due to the current special promotions and discounts, the cost of recreation in large Russian cities with high-quality rooms is lower than in the...
At its Board of Directors meeting on September 10, Russia's Central Bank will make a decision on the main interest rate. The Central Bank would not maintain the current rate, according to Vedomosti, citing experts from major financial organizations. More than half of the experts polled anticipate the Fed...
The Russian insurance business sector  exceeded not only the similar indication for the year 2020, but also the "pre-coronavirus" 2019, the Central Bank noted, according to data from the first half of 2021, Kommersant  writes. Total market turnover amounted to 894 billion rubles, with a 21 per cent growth of...
According to experts interviewed by Izvestia, the implementation of Russian Defense Minister Sergey Shoigu's idea  to develop three to five new urban areas in Siberia with populations ranging from 300,000 to one million could have a significant impact on regional development and the Russian economy as a whole. Dmitry Lesnyak, Strategic Development...
The Russian government has decided to extend the moratorium on inspections of small and medium-sized businesses until 2022, Prime Minister Mikhail Mishustin said at a plenary session of the Moscow Financial Forum on Wednesday, local media reported. "Today I want to say that the government has decided to extend the...
The $18 billion that Russia received from the IMF will become part of the state international reserves, said the Deputy Minister of Finance of the Russian Federation Timur Maksimov on the air of the Russia 24 TV channel on Tuesday. As the financier explained, the reserve asset, Special Drawing Rights...
Moscow's budget lost more than 600 billion rubles in 2020 due to the coronavirus pandemic, said Vladimir Efimov, Deputy Mayor of Moscow for Economic Policy and Property and Land Relations. “We had a dilemma related to the fact that last year, associated with COVID restrictions, cost the Moscow budget more...
The issuance of unsecured consumer loans updated the record once again - in August, people took out 647 billion rubles (8,84 billion $) in cash loans, Vedomosti writes. This is 23.1 billion rubles more than in April, when the previous record was established, and 7% more than in July. The...