Problems with the sale of oil due to a reduction in its purchases by India led to a drop in production in Russia for the second consecutive month in January, amounting to 9.28 million barrels per day, writes Bloomberg, citing people familiar with these data. This is almost 300,000 barrels per day less than the…
Russian regions ended 2025 with a total deficit of 1.538 trillion rubles in local budgets, reported the Russian Ministry of Finance. Compared to the previous year, the deficit in regional budgets increased by 5 times, and compared to 2023, it increased by almost 8 times, with its total size becoming unprecedented in the last 20…
The overdue wage arrears in Russia at the end of 2025 increased by 2.3 times and reached 2.077 billion rubles, reported on Thursday by Rosstat. At the end of the year, according to official statistics, 14,700 Russians did not receive their money from their employers – 6,500 more than a year earlier. In monetary terms,…
Russian regions, faced with a sharp increase in budget deficits, have started borrowing more to cover current expenses. By the end of 2025, the total debt of Russian regions increased by 11% year-on-year to reach 3.48 trillion rubles. This follows from a calculation by the rating agency ACRA, based on data from the Ministry of…
In the next four years, 70,000 elevators in multi-apartment buildings across Russia need to be replaced, as their service life has expired, said the Minister of Construction and Housing and Communal Services of Russia, Irek Faizullin. “If these elevators are not replaced or modernized by 2030, the overhaul will not take place, and these elevators…
The drop in the federal budget’s oil and gas revenues continues to accelerate, reported the Russian Ministry of Finance on Wednesday. In January, the treasury collected 393.3 billion rubles in taxes on oil and gas – half as much as in the same month a year earlier. In nominal terms, the flow of raw material…
About half (45%) of dental clinics in Russia operate illegally or in violation of the law. In particular, they lack licenses or registration in the Federal State System for Monitoring the Movement of Medicinal Products and the State Information System for Monitoring the Circulation of Goods. This was revealed by a study by the Public…