Daily Memo: Russia’s Budget Deficit, US Forces in Syria

It was one of the largest deficits in Russian history.

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Russian finances. Russia’s budget deficit in 2022 totaled 3.3 trillion rubles ($47.5 billion), about 2.3 percent of gross domestic product, Finance Minister Anton Siluanov said. It’s one of the largest deficits in the country’s history; by comparison, the deficit was 4.1 trillion rubles in 2020, when the coronavirus pandemic broke out. Spending increased last year […]

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