04:29 PM 09:29 AM EST JAN 30, 2023 JLM 53°F
Russia borrows record $56bn in a month as sanctions batter Putin

Russia's budget deficit widened to hit record levels in December as sanctions hit oil export revenues and Vladimir Putin was forced to spend more on his invasion of Ukraine.

The fiscal gap reached a record 3.9 trillion roubles ($56bn) last month, according to Bloomberg calculations based on preliminary government data released on Tuesday.

That brought the full-year shortfall to about 3.3 trillion roubles, reversing a surplus in the 11 months of the year.

Source: Yahoo - Telegram

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John Steedley 10:27 11.01.2023
Used the word for your advantages for rubies without going to far. \\Do not override him\\ Authorized by Lord God Almighty
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