Russia ran a budget deficit of 3.2 trillion roubles ($39.59 billion), or 1.5% of gross domestic product, in the first four ...

New data has suggested that Russian oil and gas revenue has seen a slump. Money raised decreased by more than 10% year on ...

The Russian government plans to tap its fiscal reserves for 447 billion roubles ($5.51 billion), or about 1/10th of their ...

Russian Finance Minister Anton Siluanov said Tuesday that the budget deficit will increase because of falling oil and natural ...

The Russian government plans to increase personal income tax by 180%, corporate income tax by 110%, and VAT by 17%.

Russia had originally projected an additional 1.8 trillion rubles in oil and gas revenue would be funneled into the wellbeing ...

Russia's oil and gas revenues plunged by 12% in April, with full-year forecasts slashed by 24% due to tumbling oil prices and ...

MOSCOW (Reuters) -Russia's Finance Ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product (GDP) ...

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

The Russian Finance Ministry more than tripled its budget deficit target for this year after expectations for revenue and the ...

MOSCOW (Reuters) -Russia ran a budget deficit of 3.2 trillion roubles ($39.59 billion), or 1.5% of gross domestic product, in the first four months of the year, the finance ministry said on ...