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Finance Ministry
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4 months ago
Georgia’s Finance Ministry said that the group of Russians had been running a virtual asset service through an unregistered office and using so-called “courier” networks without authorization from Ge…
5 months ago
Russia Moves to Raise VAT by 2% as Budget Deficit Swells ○
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a story from The Moscow Times ✅ › The Moscow Times
The Finance Ministry has sought to reassure consumers that the impact of the proposed measures on prices would be “moderate and limited.”
8 months ago
US sanctions Mexican banks, alleging connections to cartel money laundering ○
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a story from Al Jazeera 🚨 › Al Jazeera English
Mexican Finance Ministry says it has not received evidence to support claims against CIBanco, Intercam and Vector banks.
Russia Ramps Up Borrowing as Oil Revenues Falter and War Spending Soars ○
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a story from The Moscow Times ✅ › The Moscow Times
By front-loading its borrowing, the Finance Ministry is building a fiscal buffer in case markets turn against it later this year, analysts said. But the risks are mounting.
Russia's Budget Deficit Up Fivefold Over 2024 – Finance Ministry ○
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a story from The Moscow Times ✅ › The Moscow Times
Some analysts warn that the budget situation is becoming increasingly critical.
9 months ago
Russian Manufacturing Downturn Eases in April, But Remains Underwater ○
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a story from The Moscow Times ✅ › The Moscow Times
After strong economic gains in 2024, the Central Bank and Finance Ministry have engineered a slowdown to tackle stubbornly high inflation.
Russia Triples 2025 Budget Deficit Forecast to 1.7% of GDP ○
The Finance Ministry also cut the average oil price in its budget calculations to $56 per barrel from $69.70.
11 months ago
Russia’s Budget Deficit Grows to 1.3% of GDP in January-February ○
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a story from The Moscow Times ✅ › The Moscow Times
The Finance Ministry attributed a sharp rise in spending to early contract payments, which accelerated in January before slowing down last month.
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