Russia’s budget deficit may exceed official target
Oil and gas revenues are down, Moscow cannot borrow from abroad and it is running down the National Welfare Fund
You must be signed in to read this analysis
In this article
- High spending
- Falling revenues
- Running down savings
- Adjustments to tax collection
- Windfall tax
- Government debt
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
