The gap has widened so far this year although recent trends have indicated stabilization, the Finance Ministry has said Russia’s budget deficit surged in the first four months of the year, surpassing the government’s full-year target as energy revenues dropped under pressure from Western sanctions, the Finance Ministry reported on Wednesday. The budget gap rose to 3.42 trillion rubles ($45 billion) in January-April, exceeding the planned figure of 2.9 trillion ($37.7 billion), according to the ministry. Revenues fell by 22% to 7.8 trillion rubles ($101 billion), while spending increased by 26% to 11.2 trillion ru
Hence then, the article about russia reveals larger than expected budget deficit was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Russia reveals larger-than-expected budget deficit )