Al-Thawra Net/..
Russian Finance Minister Anton Siluanov confirmed that Russia currently lives without external sources of investment, relying entirely on its own resources, noting that Russia has maintained its independence in financial and economic policy, despite unfavorable external conditions.
Siluanov said, during his speech at the “Petersburg International Economic Forum 2026,” according to what was reported by the Russian “Sputnik” agency, today, Thursday: “We are currently living in the absence of foreign investment flows, and we rely entirely on our internal financial resources and we are exploiting them optimally, and we are seeing tangible results.” We have witnessed remarkable stability in economic growth in recent years.”
He continued: “We are independent from the external financial infrastructure. We have our own infrastructure, it was created and it is working efficiently, and even the closures have not at all affected our ability to make payments, conduct financial transactions, etc..”
He added: “We make our own decisions, including those related to the budget, completely independently, based on the country’s needs and priorities. Despite everything that is happening now, we have witnessed over many years that our debts are low in financial terms.”
He pointed out that Russia is among the five G20 countries with the lowest budget deficit.
He continued: “Despite all the difficulties we discussed, and indeed, the world is witnessing rapid changes, I believe, from a financial perspective, that we have achieved an absolute sovereign status.”
He added, “We see how some countries today still depend on loans from international monetary organizations, such as the International Monetary Fund and the World Bank. We are not like that, as our external debt does not exceed 10%, and we will pay it off soon, and I hope that we will not have any debt left.”
The “Petersburg International Economic Forum 2026” will be held this year under the slogan “Pragmatic Dialogue…The Path to a Stable Future,” at a time when the global economy is witnessing accelerating transformations and increasing challenges related to growth, development, technology, and the reshaping of centers of economic power on the international scene.
