Economy: from decline to partial recovery
Record budget deficit
Expensive oil will not save the economy
Caught in a structural trap
Monetary and fiscal policy are simultaneously working against growth
Russia’s budget deficit in January–April nearly doubled when compared with the same period last year, reaching almost 6 trillion rubles, already far exceeding…
Economy: from decline to partial recovery
Record budget deficit
Expensive oil will not save the economy
Caught in a structural trap
Monetary and fiscal policy are simultaneously working against growth

Hit by falling oil revenues and Western sanctions, growth in the country has slowed while the budget deficit has exploded.

Deputy Minister of Economic Development Polina Kryuchkova said it is necessary to move toward a sustainable growth trajectory…

A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the definition…

The Russian deputy prime minister said that consumer activity will slow down this year, though the slowdown in demand will not…

The head of state also noted that Russia is still far from entering a recession, as indicated by the labor market situation

Frappée par la baisse des revenus du pétrole et les sanctions occidentales, la croissance ralentit et le déficit budgétaire a…