During the meeting, Putin stated that stability of public finances, the implementation of planned projects and programs directly depend on the state of affairs in the Russian economy.
Russian President Vladimir Putin urged Russian businesses to actively participate in BRICS projects, emphasising the bloc's growing economic influence. He highlighted BRICS' 4.9 per cent GDP growth in 2024 and stressed the importance of cooperation in energy, finance, and industry.
The value of Russia's gold holdings surpassed USD 200 billion for the first time ever in October, while bullion's share in the country's international reserves increased to 32.9 per cent, according to the central bank.
Moscow [Russia], April 14 (ANI/Sputnik): The Central Bank of Russia hopes to introduce the digital ruble over the next few years, First Deputy Governor Olga Skorobogatova said on Thursday.
Moscow [Russia], April 10 (ANI/Xinhua): The Russian government said Sunday that it has raised its reserve fund by 273.4 billion rubles (3.4 billion US dollars) to ensure economic stability in the face of external sanctions.
Moscow [Russia], July 4 (ANI): As countries across the globe has been facing the worst collective economic downturn since the Great Depression, Russia seems to be particularly hard hit by the twin blows of the coronavirus pandemic as well as the collapse in oil prices.