Projected Russian federal budget deficit for 2025 has more than tripled—from RUB1.17 trillion ($15 billion) to RUB3.8 trillion ($48 billion)—chiefly because of low oil prices and Western sanctions...

https://english.nv.ua/nation/falling-oil-prices-triple-russia-s-budget-deficit-50518055.html

cross-posted from: https://lemmit.online/post/5950690

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The original was posted on /r/ukrainianconflict by /u/Consistent_Still7060 on 2025-05-30 06:38:06+00:00.

Original Title: Projected Russian federal budget deficit for 2025 has more than tripled—from RUB1.17 trillion ($15 billion) to RUB3.8 trillion ($48 billion)—chiefly because of low oil prices and Western sanctions, Ukrainian presidential representative on sanctions policy Vladyslav Vlasiuk said on May 29.

62 points · 2 comments · view on lemmy.world

2 Comments

rammer@sopuli.xyz · 3 pts · 1y

Hyperinflation coming soon to a dictatorship near you!

jubilationtcornpone@sh.itjust.works · 2 pts · 1y

Oh no!

Anyway...