In 2027, Russia’s federal budget spending on servicing public debt will rise to 4.6 trillion rubles, or 9.4% of all expenditures, according to materials for the budget draft reviewed by Reuters. That is 670 billion rubles more than allocated for the current year, and almost as much as is planned for the entire «national economy».

#AntonSiluanov #VladimirPutin #publicdebt #MinistryofFinanceoftheRussianFederation #Russia

Read more

The Ministry of Finance is preparing amendments to tax legislation that will allow companies to account for expenses on protection against drones and the restoration of attacked facilities. The ministry expects to introduce them as early as this fall, Deputy Finance Minister Alexey Sazanov said.

#AntonSiluanov #business #uav #WarinUkraine #TheStateDuma #minfin #incometax #tech

Read more

Russian Finance Minister Anton Siluanov came to the G20 summit for the first time since the start of Russia’s full-scale invasion of Ukraine. In Asheville, North Carolina, he met with U.S. Treasury Secretary Scott Bessent.

#g20 #AntonSiluanov #USTreasurySecretary #OfRussia #RussiaAntonSiluanov #Ukraine

Read more