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#Russia Budget

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GENERAL

Russia’s Budget: A $90 Billion Illusion of Control

Russia's federal budget is under intense scrutiny for its reliance on unrealistic oil price forecasts and optimistic growth projections, despite significant downward revisions. A staggering $90 billion amendment highlights a shift in priorities towards defense spending, while other sectors face cuts. This approach is seen as a strategy to project stability and delay difficult economic truths.

5 hours ago