News
Russia supplies Avifavir anti-coronavirus drug to more than 15 countries
Avifavir is one of the two registered COVID-19 drugs in the world.
Coronavirus sends income for Russia’s entrepreneurs to lowest level on record
Russians’ income from business activity has fallen to a century low.
Russia to export hundreds of lung ventilators, says industry and trade minister
Russia is set to break an all-time record in terms of lung ventilators production this year due to the coronavirus pandemic, according to the minister.
Russia’s industrial production to remain at 2019 level in 2020
Russia’s national statistics service said earlier that industrial production dropped by 9.4% in June.
Wait for obtaining construction permit in Russia cut by 90% in five years
It currently stands at 150-200 days on average.
Share of imported vaccines on Russian market down to 17% in 2019
In 2015, the share of foreign-made vaccines was 69%.
Russia Cuts Interest Rates to New Record Low
Central Bank fears inflation could stay low into 2021 and signals more cuts are on the horizon.
Russian medical center files bid for WHO tender for coronavirus vaccine
The deliveries of the inactivated whole-virion vaccine to the international market will be possible only after Russia fully meets its needs for preventive preparations against COVID-19, Center Head Aidar Ishmukhametov said.
State Duma approves bill on tax maneuver in IT sector
The reduced 7.6% rate of insurance contributions will be set for IT companies since 2021 and perpetually.
Russia Signals Return to Fiscal Conservatism with Future Budget Cuts
The Finance Ministry wants to cut spending by up to 10% from next year.