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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…
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…
This will affect consumer borrowing as people become unable to afford new loans or repay old ones, and the housing market may experience a slump. Low-interest loan schemes to stop…
Russian economic policy-making.
None is easily resolvable and President Volodymyr Zelensky's administration is not faring well. More than a year after Zelensky’s double election wins, it is increasingly apparent…