Russia ran a budget deficit of 3.2 trillion roubles ($39.6 billion), or 1.5% of gross domestic product, in the first four ...

Russia's finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product (GDP) on Wednesday from 0 ...

The UK intelligence service has said that the sharp decline in oil prices threatens Russia's ability to finance its planned ...

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

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 ...

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

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

The Russian government plans to use its fiscal reserves for 447 billion rubles ($5.51 billion), or about one-tenth of its ...

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

The Russian government intends to use 447 billion roubles from its fiscal reserves to balance the 2025 budget after a significant deficit increase. Finance Minister Anton Siluanov confirmed no plans ...