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In October the government of Moldova decided to cease buying natural gas from Gazprom, having secured sufficient supplies from alternative sources at a lower price. Although…
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DOI: 10.1108/OXAN-DB282997
ISSN: 2633-304X
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The Ministry of Finance is seeking new ways to boost federal revenues to fund rising military expenditure, as well as any pledges made during the forthcoming presidential election…
The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…
In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…
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DOI: 10.1108/OXAN-DB280900
ISSN: 2633-304X
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RUSSIA: Federal budget revenues keep growing
This turnout was a far milder contraction than the many assessments made at the outset of the invasion of Ukraine of its likely impact on the Russian economy. It prompted a public…
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DOI: 10.1108/OXAN-DB278591
ISSN: 2633-304X
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The recession was far shallower than expected; early forecasts had predicted a contraction of up to 10%. However, economic decline will continue into 2023. Unprecedented sanctions…