Russia hikes interest rates despite world's biggest currency surge
Policymakers on Friday lifted the benchmark for a fourth straight time, bringing it to 15% from 13%.
Source: moneyweb.co.za
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russia: Russia's optimistic fiscal plans risk budget revenue shortfall
Russia may miss its revenue target for 2024 and be forced to increase business taxes if the rouble strengthens more than expected and economic assumptions fall short, according to analysts. The country's budget plans project Brent crude prices averaging $85 per barrel next year, but there are concerns the Urals price could fall below $60 in 2024-2026.
Source: indiatimes.com
Russia's optimistic fiscal plans risk budget revenue shortfall
Russia could miss its 2024 revenue target and be forced to hike business taxes if the rouble proves stronger than expected in the budget and optimistic economic assumptions fall short, analysts...
Source: marketscreener.com
'Everything for the front' : Russia allots a third of 2024 spending to defence - Today
Defence spending will account for almost one third of Russia's total budget expenditure in 2024, the government's draft plans show, as Moscow diverts ever more resources towards prosecuting its... -October 02, 2023 at 11:24 am EDT - MarketScreener
Source: marketscreener.com
The costs of Russia's war are about to hit home
Vladimir Putin will be unable to protect citizens from the pain
Source: yahoo.com