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1 – 10 of 37The government is headed by Prime Minister Natalia Gavrilita, a leading PAS figure and former finance minister. This completes the creation of a strong functioning governance…
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DOI: 10.1108/OXAN-DB263417
ISSN: 2633-304X
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Central project planning and its impact on regional finances.
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DOI: 10.1108/OXAN-DB249883
ISSN: 2633-304X
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RUSSIA: Poverty and jobs priorities may come too late
Spending will be cut by nearly 2% this year to keep the budget in a slight surplus. Russian policymakers face a now familiar trade-off between their desire for fiscal rectitude…
UKRAINE: COVID-19 forces difficult political choices
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DOI: 10.1108/OXAN-ES251697
ISSN: 2633-304X
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Plans for the next three years point to a rebalancing in the structure of expenditure, with greater emphasis on spending on health, education and support for the economy. Federal…
A three-year budget cycle is intended to create predictability after a year in which the initial budget had to be revised as the oil price outlook grew gloomier. Spending cuts are…
The governors have not been given meaningful new powers or substantial funding and have limited scope for independent action. Instead of backing them, Putin is warning them of…
Last year, these transfers hit a record level, as Moscow issued extra money to help regions cope with the COVID-19 pandemic, but this was still not enough to cover all their…
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DOI: 10.1108/OXAN-DB262168
ISSN: 2633-304X
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Geographic
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The budget allocates substantial funds to the National Projects, a sweeping development programme unveiled in 2018 and rescheduled in July this year. Despite the renewed focus on…