Russia to Utilize Fiscal Reserves to Balance 2025 Budget Amid Rising Deficit

2025-05-06
Russia to Utilize Fiscal Reserves to Balance 2025 Budget Amid Rising Deficit
Reuters

In a move to address the growing fiscal gap, Russia's finance minister has announced plans to tap into the country's fiscal reserves to the tune of 447 billion roubles, equivalent to $5.51 billion. This allocation, which accounts for approximately 14 ...Read more

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