Growth of budget deficit of Russia indicates increase in stimulus measures

22.06.2022

According to Interfax sources familiar with the draft new Budget Law, the Ministry of Finance predicts a budget deficit in 2022-2025. In 2022, the deficit will amount to 1.66 trillion rouble (1.2% of GDP); in 2023 to 1.59 trillion rouble (1.1% of GDP); in 2024 to 1.4 trillion rouble (0.9%...