News

Russian economy recovering quicker than expected — IMF
According to IMF, the growth of Russian GDP will be 4.4% in 2021.
Russian Finance Ministry prepares clarifications on wine conformance declaration
An applicant can file for registration of a new declaration of conformity through the service on the official website of the Russian Federal Service for Accreditation.
Russian Central Bank Unveils Largest Rate Hike in 7 Years
Bank opts for rare move of raising key rate by full percentage point as inflation pressures show little sign of slowdown.
Russia’s duty on wheat exports to reach $31.4 per tonne from July 28
The duty on exports of barley will be $38.5 per tonne, corn - $49.9 per tonne.
Russian Helicopters plans to receive EU certificate for Ka-32A11M helicopter
The upgraded Ka-32A11M helicopter, equipped with a fire extinguishing system, was presented at the MAKS-2021 air show.
Sakhalin-2 project negotiates green LNG supplies to Asia-Pacific Markets — CEO
The Sakhalin-2 project is negotiating the supply of pilot lots of environmentally friendly LNG to the Asia-Pacific markets, but buyers are not yet ready to pay extra for a carbon-free product, Sakhalin Energy CEO Roman Dashkov told reporters.
Russia was able to quickly overcome crisis thanks to flexible macroeconomic policy — Putin
It is expected that by the end of this year the economic growth in Russia may reach about 4%, the head of state added.
Average consumer loan volume reaches record $4,094 in June

In June, the largest average volume of consumer loans issued in the regions of Russia was noted in Moscow - 580,200 rubles ($7,832), Yamalo-Nenets Autonomous region - 533,300 rubles ($7,199), Moscow region - 465,500 rubles ($6,284).
Russian economy reaching pre-pandemic level in Q2 — Central Bank
However, flash June estimates evidence a possible pause in consumer demand recovery in coming month, the regulator pointed out.
Bank of Russia to simplify Russian issuers’ entry on foreign markets
At the moment, two limitations are in place for floating and circulation of stocks on foreign exchanges.