The Limited Times

Now you can see non-English news...

Siluanov: The Russian economy has passed the first shock of Western sanctions

2022-05-18T11:51:25.046Z

Moscow, SANA- Russian Finance Minister Anton Siluanov affirmed that Russia’s economy has overcome the first shock of the sanctions



Moscow-Sana

Russian Finance Minister Anton Siluanov confirmed that Russia's economy has overcome the first shock of Western sanctions imposed on it.

Russia Today website quoted Siluanov as saying today that "Russia will not default on its debts and will be able to pay in rubles if Western institutions are closed to it," stressing that the Russian economy will not be isolated or closed.

"Rationality in fiscal and budgetary policy will make it possible to withstand the most severe sanctions that Russia will have to face," he added.

In early April, the Russian Finance Ministry fulfilled for the first time its obligations under the Eurobonds towards foreign beneficiaries in the Russian ruble, and after that, the Russian Finance Ministry refuted reports about Russia's failure to fulfill its financial obligations.

Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency

Source: sena

All business articles on 2022-05-18

You may like

Trends 24h

Business 2022-07-03T13:11:21.316Z
Business 2022-07-03T17:28:37.939Z

Latest

© Communities 2019 - Privacy