Russian deficit. Russia’s Finance Ministry plans to make the governors of select regions personally responsible for the country’s ballooning budget deficit. The heads of Chechnya, Ingushetia, Dagestan and Tuva, as well as the Russian-occupied Ukrainian regions of Donetsk, Luhansk, Kherson and Zaporizhzhia, would be required to undertake certain “obligations” to reduce the gap between regional […]
Daily Memo: Russia’s Budget Gap, Turkey’s Gas Hub
The Kremlin is signalling out a small group of regions for their contribution to the expanding deficit.
