Ministry of Finance

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The Ministry of Finance of Russia (Minfin) is actively involved in shaping fiscal policy, including adjusting budget expenditure forecasts and managing external government debt. It has proposed tax amendments to stabilize fuel prices, initiated consultations with businesses on excluding trade from simplified taxation, and advanced digital ruble legislation. Minfin also oversees bond issuance, recently canceling auctions due to market volatility and implementing changes to foreign exchange purchases under the budget rule.

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