Low oil prices and sanctions slash Russia’s budget revenue

Low oil prices and $10 Western sanctions discount to Brent crude slashed tax revenues that fund a 3rd of Russia's budget, KSE Institute. While government expenditure is growing 20% year-on-year due to the war. 9/

→ View original post on X — @mylovanov

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *