Russia News News Russia » Finance: Russia finance officials tell Putin war spending is unaffordable
Finance Ministry officials have grown increasingly concerned about the state of Russia's economy and state budget in recent months.
News Russia » Finance: Russia uses financial benefits to sustain Ukraine war recruitment
Officials are relying on money, paperwork and local pressure to keep recruitment moving. The approach is raising new questions about how far the state is preparing to expand its military pool.
News Russia » Finance: Russia’s finance minister says authorities ‘didn’t go too far’ with tax hikes, though ‘there was such a risk’
Russia’s Finance Minister Anton Siluanov said budget revenues from value-added tax, whose rate was raised at the start of the year, are running ahead of projections. Siluanov made the remarks ...
News Russia » Finance: Russia’s Finance Ministry asked government to freeze spending across all budget lines except military, FT reports
Russia’s Finance Minister Anton Siluanov asked the government in February to cut spending across every budget line item for 2026 except military expenditures, the Financial Times reported.
News Russia » Finance: Sanctioned Russian billionaire says high interest rates have set 'trap' for economy
Russian financial authorities have created "a trap" for the economy with their tight monetary policy, driving it into stagnation, several sanctioned billionaires topping Russia's Forbes list said on ...
News Russia » Finance: Russia's VTB supports regulatory relief for banks financing drone defences at industrial sites
Regulatory relief for Russian banks financing purchases of drone defence equipment by industrial enterprises in the civil sector would be a good idea, Andrei Kostin, CEO of Russia's second-largest ...
News Russia » Finance: Exclusive-Russia Plans to Issue Debut Sovereign Yuan-Denominated Bonds, Sources Say
MOSCOW (Reuters) -Russia is planning to issue its debut yuan-denominated bond on the local market this year, sources told Reuters, offering an investment option for the vast amounts of yuan liquidity ...
News Russia » Finance: The Iran war boosted Russia's oil income, but money isn't Putin's biggest problem
Crude oil futures have jumped over 40% since the Iran war started. The US has also temporarily eased some sanctions pressure on Russian oil.
News Russia » Finance: Russian Finance Minister Warns of Regional Budgets' Strains, Rising Debt
MOSCOW, April 27 (Reuters) - The combined deficit of Russian regional budgets will grow by 27% to 1.9 trillion roubles ($25.4 billion) in 2026, largely due to lower corporate profit tax revenues ...
News Russia » Finance: US House backs Russia sanctions, Ukraine aid, in latest blow to Trump
The US House backs new Russia sanctions and over $9B Ukraine aid, defying Trump and highlighting growing partisan divides on foreign policy.