Russia allocates $61.4b for national projects in ’25 budget
The Russian government plans to allocate 5.7 trillion roubles ($61.4 billion) in its draft budget for 2025 to…
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Russia
Russia projects budget deficit of 0.5% of GDP for ’25
The Russian government's draft federal budget for 2025 and the 2026-2027 planning period anticipates a budget…
Russia open to US energy cooperation despite sanctions – Novak
Russia remains open to cooperation with the United States in the energy sector, according to Russian Prime Minister…
Bank of Russia upholds profit forecast for ’24
The Bank of Russia reaffirmed on Thursday its forecast for the banking sector's profits in 2024, expecting a total…
Russia’s agricultural exports up 7% YoY in ’24
Russia's agricultural exports have continued to flourish, reaching a new milestone of 74 million tons in 2024.
Russian banking sector profits surge 42% in August ’24
The Russian banking sector's profits experienced a significant surge in August 2024, increasing by 42 per cent…
Russia’s mortgage lending grows 0.9 in August ’24
Russian mortgage lending rose slightly in August 2024, growing to 0.9 per cent from 0.7 per cent in July.
Turkish banks shift Russia-related transactions to local bank
Almost all Turkish banks are withdrawing from handling transactions related to Russia and Belarus, opting to…
IMF indefinitely postpones consultations with Russia
The International Monetary Fund (IMF) has indefinitely postponed its planned consultations with Russia, citing…
Turkey, TotalEnergies seal 10-year LNG deal
Turkey and TotalEnergies have signed a 10-year agreement for liquefied natural gas (LNG) supply, set to commence in…
