businessinsider:   Russia's spending jumped 34% in 1Q to 8.1 trillion rubles, or $99 billion, amid the Ukraine war. However, energy revenues plunged 45% to 1.6 trillion rubles due to boycotts and sanctions. As a result, Russia posted a deficit of 2.4 trillion rubles in the first quarter of 2023.Russia's falling energy revenues may not be able to foot its military bills for long — the country's just posted an almost $30 billion deficit in the firs...

Please login or subscribe to read more

Leave a review

In World

Follow us on social networks

In Focus