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India

Darya Korsunskaya

Russia plans to scale down state domestic borrowing after 2020

26 Nov 2020

MOSCOW Russia's finance ministry plans to scale down selling of OFZ treasury bonds in 2021 and beyond, hoping the budget will no longer require massive borrowing as it did this year amid the global coronavirus crisis, a senior official said.

Russia plans to scale down state domestic borrowing after 2020

26 Nov 2020

* Finance ministry deems new sanctions against state debt unlikely

Russian finance minister warns of risks in banks' pursuit of OFZ bonds

25 Nov 2020

* Russia doubled borrowing plan amid low oil prices, pandemic

Pandemic strains Russian bid to boost public finances

02 Nov 2020

MOSCOW After easing its fiscal rules and raising taxes, Russia is running out of options to bolster public finances strained by the coronavirus pandemic and the collapse in the price of oil, its main export.

Russian lawmakers give initial nod to hefty tax hike for mining, oil

22 Sep 2020

MOSCOW Russian lawmakers on Tuesday supported a plan to increase taxes for some mining and oil companies, as Moscow seeks to plug the gaps left by lower oil prices and the COVID-19 pandemic, while facing industry opposition and criticism of its changing rules.

Russia will send Belarus first $1 billion of loan by year's end

17 Sep 2020

MOSCOW Russia will send Belarus the first $1 billion tranche of a $1.5 billion loan by the end of the year and provide the remainder of the loan in 2021, Russian Finance Minister Anton Siluanov said on Wednesday.

Russia will send Belarus first $1 billion of loan by year's end

17 Sep 2020

MOSCOW Russia will send Belarus the first $1 billion tranche of a $1.5 billion loan by the end of the year and provide the remainder of the loan in 2021, Russian Finance Minister Anton Siluanov said on Wednesday.

Russia says Navalny sanctions talk is affecting its borrowing plans

16 Sep 2020

MOSCOW Russia said on Wednesday that talk of possible sanctions over the case of Alexei Navalny was affecting its plans to borrow money on international markets, acknowledging the risk of harmful economic fallout from his poisoning.

UPDATE 4-Russia targets tobacco, mining, oil taxes in hunt to plug budget holes

16 Sep 2020

* Measures to bring $4.5 bln in fresh funds to budget per year

UPDATE 1-Russia to use national wealth fund to buy new Aeroflot shares - minister

16 Sep 2020

MOSCOW, Sept 16 Russia plans to tap its rainy day fund to buy into an additional share offering by state-controlled airline Aeroflot, Finance Minister Anton Siluanov said on Wednesday.

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