Russia’s government approved on Tuesday a plan to have new oil wells drilled this year and next for 2022 production, the office of First Deputy Prime Minister Andrey Belousov said […]
» Read more
(Moscow Times – themoscowtimes.com – March 23, 2018) Russian fiscal policymakers are wrangling over how to fulfil newly re-elected President Vladimir Putin’s spending promises, with one senior Kremlin figure advocating a quick but painful revenue grab and another a more radical overhaul of taxation. During his campaign Putin promised higher healthcare and infrastructure spending, but did not say how this […]
» Read more
(Bloomberg – bloomberg.com – Olga Tanas, Evgenia Pismennaya – August 18, 2015) Andrey Belousov went largely unheeded the last time he forecast a shift in monetary policy. Now President Vladimir Putin’s top economic aide is lending weight to a growing consensus that Russia’s easing cycle is wearing out. The central bank may pause its interest-rate cuts after five decreases this […]
» Read more