Russian Finance Minister Guaranteed Financial Stability despite the Fall of Oil Price
OREANDA-NEWS. Russian Minister of Finance Anton Siluanov said that due to available resources, the country will maintain financial stability, despite low oil price. The head of the Ministry of Finance emphasized that stable budget execution will allow the country to guarantee the fulfillment of all social obligations to citizens, including the implementation of national projects. According to him, low oil prices will not affect the preservation of macroeconomic and financial stability.Siluanov spoke about it during a meeting on economic issues with Prime Minister Mikhail Mishustin. First Vice Prime Ministers Andrey Belousov, Yury Borisov and Dmitry Grigorenko, Minister of Energy Alexander Novak, Minister of Economic Development Maksim Reshetnikov, Assistant to the President of the Russian Federation Maksim Oreshkin, and Central Bank Chairman Elvira Nabiullina took part in it.