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Russia has spent half of its rainy-day fund during invasion of Ukraine

The Russian Ministry of Finance has spent 4 out of 9 trillion roubles [roughly US$45,5 billion out of US$102,4 billion], or almost half of the liquid part of the National Wealth Fund (NWF), which is the central reserve for a rainy day, in 2023.

Foreigners to Be Able to Withdraw Investment Dividends in Production, Technology

Foreigners will be able to withdraw dividends from investments in production and technology development in Russia made after April 1, 2023, the Russian Finance Ministry said on Wednesday.

New legislation allows Russian sanctions to remain until compensation is paid to Kyiv

New legislation allows Russian sanctions to remain until compensation is paid to Kyiv
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