Russia Triples 2025 Budget Deficit Forecast to 1.7% of GDP
The Finance Ministry also cut the average oil price in its budget calculations to $56 per barrel from $69.70.
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Russia’s Budget Deficit Grows to 1.3% of GDP in January-February
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a story from The Moscow Times › The Moscow Times
The Finance Ministry attributed a sharp rise in spending to early contract payments, which accelerated in January before slowing down last month.
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