Russia’s Oil and Gas Revenues Collapse: Budget Deficit Soars Beyond Target

Russia’s federal budget is under growing strain as revenues from oil and gas taxes fell sharply in September, marking a 25% year-on-year decline, according to figures released by the Finance Ministry on October 3. The state collected 582.5 billion rubles (....Weiter zum vollständigen Artikel bei Novinite Weiter zum vollständigen Artikel bei Novinite