MOSCOW. May 7 (Interfax) - According to preliminary data, the Russian federal budget was executed with a deficit of 3.225 trillion rubles or 1.5% of GDP in January-April 2025, the Finance Ministry ...

At the beginning of March, the AEB confirmed its forecast of 1.4 million new car and LCV sales on the Russian car market in 2025. "We remain optimistic that the situation will stabilize and the market ...

MOSCOW. May 7 (Interfax) - The Russian federal budget's revenues from the value-added tax, corporate profit tax and personal income tax in the first four months of 2025 exceeded targets for this ...

BRUSSELS. May 7 (Interfax) - Ending Russian energy imports would meet the European Union's fundamental security interests, European Commission President Ursula von der Leyen said.

"Today, I would like to focus on how we can do so and on three priorities for our actions. First, support Ukraine's defense. Second, complete the phase-out of Russian fossil fuels. Third, accelerate ...

BAKU. May 7 (Interfax) - The U.S. Energy Department's Energy Information Administration (EIA) has kept its forecast for liquid hydrocarbon production in Azerbaijan in 2025 at 0.62 million barrels per ...

MOSCOW. May 7 (Interfax) - Russia's Finance Ministry does not see an increase in foreign investor interest in OFZ federal government bonds directly, but there are indirect signs that such transactions ...

The 2025 budget had planned to reduce the use of the NWF's resources this year to a symbolic 600 million rubles. Its use is not envisaged in subsequent years. The plan was to replenish it by 1.8 ...

Kazakhstan reaffirmed its commitment to the OPEC+ agreement and pledged to continue complying with all obligations, contributing to the stability of the global energy market, the statement said.

MOSCOW. May 6 (Interfax) - There are no plans to resort to special measures, including tax measures, to increase budget revenues for 2025, Russian Finance Minister Anton Siluanov told a briefing.

"The accession of Ukraine is not a good deal. Ukraine is not an added value but a liability. It is a huge mistake to send European funds to Ukraine instead of using them to strengthen the struggling ...

He also asked the OECD to explore options for moving Ukraine from risk group 7 to 6, which would be important for investments and work with international financial institutions.