Russia’s federal budget for 2020 was executed with a deficit of 3.8% of GDP, or 4.1 trillion rubles ($55.7 bn), Finance Minister Anton Siluanov was quoted as saying by TASS.
"The federal budget for 2020 was executed with a deficit of 4.1 trillion rubles, or 3.8% of GDP," he said.
According...
About half of Russians are ready to use the digital ruble for payments and only 15% of respondents do not trust the digital currency, according to a survey carried out by the country’s Otkritie Bank, TASS reports.
The survey indicates that the majority of Russians - 53% - are neutral...
Russia has drastically cut funding for anti-domestic violence initiatives following years of dwindling financing in favor of non-government organizations that promote conservative values, the Open Media investigative outlet reported Thursday.
The Moscow Times reports that the outlet found that all but one out of an estimated dozen domestic violence crisis...
The economic downturn in Russia on the back of the coronavirus pandemic was smaller than in many developed and developing economies and a range of macro indicators returned to the pre-crisis level by the end of the last year, Russian President Vladimir Putin said on Thursday when opening the...
Kyrgyzstan has requested from Russia 500,000 doses of a vaccine against the novel coronavirus, Kyrgyz Health Minister Alymkadyr Beishenaliev said on Wednesday in an interview with the national Birinchi radio broadcaster.
"The Kyrgyz leadership has sent a letter to Russian President Vladimir Putin. We requested 500,000 doses of the vaccine,"...
The Russian diplomatic mission stated earlier in the day that the United States had cut off the telephone lines in the Russian Consulate in New York on January 18. It said the U.S. linked the interruption to technical problems, Sputnik reports.
The Russian embassy in the U.S. sent a note...
Foreign direct investment (FDI) in China hit a record $144.37 billion in 2020, as the world’s second-largest economy keeps on recovering from the Covid-19 pandemic, according to China’s Ministry of Commerce, RT informed.
The latest data released by the ministry shows that FDI saw a 4.5-percent year-on-year growth in dollar...
The Russian central bank has continued getting rid of US Treasury bonds, with the share of investments in American debt shrinking 19.2 percent in November, according to the US Treasury Department, RT informed.
The statistics, commonly published with a three-month lag, show the share of Russian holdings totaled a modest...
Experts from GRM consulting company forecast an increase in the number of applications for declaring individuals bankrupt to 260,000 in 2021, which is 65% more than in 2020, the company’s press service told TASS.
"In 2021, GRM analysts predict that the 2020 trends will continue: an increase in the total...
S&P global rating agency has affirmed Russia’s long-and short-term foreign currency rating at ‘ВВВ-/А-3’ with ‘stable’ outlook, TASS reported.
"S&P Global Ratings affirmed its 'BBB-/A-3' long-and short-term foreign currency and 'BBB/A-2' long-and short-term local currency sovereign credit ratings on Russia. The outlook on the long-term ratings is stable," the agency...
