Russia issues budget forecast ...News

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Russia issues budget forecast
The country is expected to run a deficit next year which would be covered by government borrowing, the prime minister says The Russian budget will be in deficit from 2023 to 2025, Prime Minister Mikhail Mishustin said at a government meeting on Thursday. “During the entire period, the budget will be in deficit, the main source of its coverage will be government borrowing,” he explained. The prime minister also estimated total government revenues in 2023 at over 26 trillion rubles (over $435 billion), noting that “in nominal terms this is less than this year, but significantly more than in the previous year, when t

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