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Keywords: Russian economy
Russia’s public debt is projected to remain below 25% of gross domestic product through 2029 under the government’s draft three-year budget, according to the fiscal plans submitted to the State Duma. The figures point to a gradual increase in the debt ratio as Moscow plans to maintain high......
Russian President Vladimir Putin has defended the country’s fiscal position, saying Russia continues to have one of the lowest public debt levels globally despite the presence of a budget deficit. Speaking during the plenary session of the Eastern Economic Forum in Vladivostok, Putin acknowledged......
Russian donors have contributed billions of dollars to the federal budget this year as the government faces rising costs linked to the war in Ukraine and growing pressure on public finances. According to Russian media reports citing the Finance Ministry, donations to Russia's federal budget reached......
European Union foreign policy chief Kaja Kallas has announced plans to propose what she describes as the bloc's largest package of sanctions against Russia since the beginning of the war in Ukraine. In an interview with the German newspaper Welt, Kallas said she intends to present the new measures......
Russia’s economy expanded by 1.3% in the second quarter of 2026, supported by government spending, stronger consumer activity and contributions from several key industries, according to Economic Development Minister Maxim Reshetnikov. The latest figure marks a significant improvement from the......
Russia recorded a sharp increase in the registration of companies with foreign participation during the first five months of the year, reaching the highest level for this period since 2018, according to data reported by Russian media. Around 3,100 new legal entities involving foreign investors were......
Russia's second-largest lender, VTB, is preparing to strengthen its financial buffers during the second half of 2026 as inflationary pressures and elevated borrowing costs increase the likelihood of credit deterioration across its loan portfolio. The move reflects growing concern within Russia's......
Russia’s fiscal position has deteriorated sharply in early 2026, forcing the government to introduce emergency measures as revenues fall and spending rises. The federal budget deficit reached 4.6 trillion rubles, or about 58.8 billion dollars, in the first quarter alone, already exceeding the full......