News
Russia, Qatar discuss potential cooperation in energy sector
The parties also stressed the importance of joint efforts on protection of the interests of gas exporters on global energy markets, noting the creation of new financial instruments as one of policies.
Expenditures on National Projects in Russia total $10.7 bln as of March 1
The following National Projects take the lead in terms of utilizing expenditures: Human Resources (49.3%), Environmental Welfare (24%), Family (21.2%), and Long And Active Life (20.7%).
Russia's international reserves up by 1.87% in February to $632.355 bln
As of March 1, 2024, Russia's international reserves amounted to $582.636 billion.
Compulsory share of Russian wine may grow as industry evolves
The task of the ministry is to support producers on one side and not to do harm to consumers and trading companies on the other side, Russian Deputy Minister of Industry and Trade Roman Chekushov said.
Russia's February oil and gas revenues down by 18.4% year-on-year
In January-February, oil and gas revenues decreased by 3.8% to 1.56 trillion rubles ($17.4 bln).
Forward-looking indicators point to cooldown signs in Russian economy
Growth is not across-the-board anymore, Maxim Reshetnikov noted.
Russia currently has 13 MC-21 aircraft, 20 SJ-100 airliners in production
About 40 MC-21 and SJ-100 aircraft in various stages of completion are located at the enterprises of the United Aircraft Corporation (UAC, part of Rostec).
Russia’s manufacturing PMI index down to 50.2 points in February
Some firms noted sustained demand conditions in February, while others highlighted a broad stagnation in new orders, S&P Global said.
Russia’s export duty on wheat to be $24.37 per metric ton from March 5
The export duty rate for wheat and meslin (a mixture of wheat and rye) is calculated based on an indicative price of $241.3 per metric ton, for barley - at a price of $204 per metric ton, and for corn - $220.9 per metric ton.
Key rate of 21% necessary for reaching 4% inflation target — Russian Central Bank chief
The regulator projects annual inflation in Russia at 7-8% in 2025.