“Naturally, we have such plans... We have a financial “shield” in the form of gold and foreign exchange reserves, low debt and a budget surplus and rules.

Thank God, there is such a wall, a barrier to sanctions in Russia, ”he told reporters.

At the same time, Siluanov noted that it cannot be said that in the event of sanctions, the country "will not feel anything."

“Of course we will.

But we are counting on this situation.

We will work in different conditions.

Of course, at first this will lead to a certain volatility, but what to do?

Not the first time, ”RIA Novosti quotes him.

The day before, the G7 countries expressed their readiness in the event of a “Russian invasion” of Ukraine to impose sanctions against Moscow, which would entail “large-scale and immediate consequences” for the Russian economy.