News

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.
Regulatory guillotine: authorities cancel 12,000 outdated requirements for enterprises
Deputy Prime Minister - Chief of the Office of the Cabinet of Ministers Dmitry Grigorenko added that most of the canceled acts contained "unfounded rules" and were a hindrance to business.
Exports of agricultural products from Russia to Singapore may grow to $100 mln by 2030
According to the Head of Agroexport Dmitry Krasnov, it can be implemented through the supply of fish and crustaceans, pork, poultry meat and chocolate and flour confectionery.
Outlook on certain Russian macroeconomic indicators upgraded in run-up to new budget cycle
The ministry will provide its final variant of the macroeconomic outlook through 2024 in August-September.
Russia’s exports of renewable energy technologies may reach $266.1 mln by 2030
The Russian Ministry of Energy also expects that the installed capacity of renewable energy generation facilities will be 8.3 GW by 2030.
Russian Agriculture Ministry offers clarification on Champagne labeling debate
Indicating the kind of wine products on the label is mandatory, even for imported products, the ministry noted.
Russia welcomes creation of free trade zone between EAEU, Indonesia
We have confirmed the intention to further diversify trade, particularly through expansion of our cooperation on high-tech products," Russian Foreign Minister Sergey Lavrov said after the talks with his Indonesian counterpart Retno Marsudi.