Russian economy – Page 33 – THE OVAL CIRCLE

Russia could ditch dollar by lifting tax on gold purchases – economist

Posted on March 3, 2021March 3, 2021By Editor

The Russian government could achieve its goal of de-dollarizing the economy by taking one simple step: dropping the tax it currently charges its citizens for the purchase of physical gold, an economist has said. … Read More >Russia could ditch dollar by lifting tax on gold purchases – economist

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Even with pandemic and global economic downturn, Russian national debt lower than expected as country counts cost of coronavirus

Posted on February 26, 2021February 26, 2021By Editor

Despite record borrowing to shore up the country’s finances and fund its healthcare system during the Covid-19 pandemic, Russia has racked up far less national debt than first expected, a new economic analysis has claimed. … Read More >Even with pandemic and global economic downturn, Russian national debt lower than expected as country counts cost of coronavirus

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Russian economy may recover to pre-pandemic levels by year end, says Central Bank

Posted on February 14, 2021February 14, 2021By Editor

The economic situation in Russia has “turned out to be better than expected,” according to the country’s central bank. The regulator has decided on Friday to keep its key rate at 4.25 percent per annum. … Read More >Russian economy may recover to pre-pandemic levels by year end, says Central Bank

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Working meeting with Minister of Economic Development Maxim Reshetnikov

Posted on February 5, 2021February 5, 2021By Editor

The discussion covered, in particular, the situation on the food market and the grain sector, as well as results of the country’s economic development in 2020. … Read More >Working meeting with Minister of Economic Development Maxim Reshetnikov

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Russian grain exports hit historic high

Posted on February 4, 2021February 4, 2021By Editor

Grain exports by Russia in the current agricultural year, from last July to June 2021, have already hit 34.3 million tons, 25 percent more than during the same period last season. … Read More >Russian grain exports hit historic high

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Russia’s non-energy exports topped $160 billion last year

Posted on January 30, 2021January 30, 2021By Editor

The value of shipments of finished products and goods from Russia exceeded $160 billion in 2020, representing 3.5-percent growth from the previous year, according to CEO of the Russian Export Center (REC) Veronika Nikishina. … Read More >Russia’s non-energy exports topped $160 billion last year

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Russian ruble ranked world’s most undervalued currency against US dollar

Posted on January 14, 2021January 14, 2021By Editor

The Russian ruble has been ranked the world’s most underrated currency against the US dollar by the 2021 Big Mac Index, which provides an assessment of the purchasing power of currencies compared to each other. … Read More >Russian ruble ranked world’s most undervalued currency against US dollar

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Some Don’t Remember How Much Putin Has Done for Russia

Posted on December 27, 2020December 27, 2020By Editor

There are people in Russia who don’t remember how much Putin has done for Russia: … Read More >Some Don’t Remember How Much Putin Has Done for Russia

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Russia second in Bloomberg rating of economies expected to beat expectations in 2021

Posted on December 19, 2020December 19, 2020By Editor

Bloomberg analysts have placed Russia second in its ranking of developing markets with the brightest outlook for the economy for the next year, the study of 17 emerging countries reveals. … Read More >Russia second in Bloomberg rating of economies expected to beat expectations in 2021

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Putin wants to cut poverty in Russia by half in next decade

Posted on December 18, 2020December 18, 2020By Editor

The goal of reducing the share of Russians with incomes below the subsistence level from 13.5 percent to 6.5 percent by 2030 is ambitious, but realistic, according to Russian President Vladimir Putin. … Read More >Putin wants to cut poverty in Russia by half in next decade