Published • loading... • Updated
Russia Can Manage Its Growing Budget Deficit, Putin Says
Putin said higher war spending and borrowing lifted the deficit to 2.8% of GDP, but he called the gap manageable.
Summary by WTVB
8 Articles
8 Articles
Russia Can Manage Its Growing Deficit, Putin Says
President Vladimir Putin said Thursday that Russia's budget deficit, which grew by 40% in the first half of this year to reach 2.8% of GDP, poses no "critical" risk for the economy and remains manageable.
·Amsterdam, Netherlands (Kingdom of the)
Read Full Article
Russian President Vladimir Putin spoke about the budget deficit, and ask him about the impact of the deficit on the economy.
The current deficit of the Russian budget does not pose a critical threat and will eventually be eliminated, as announced by Russian President Vladimir Putin at the plenary session on the state of public finances.
Russia's budget deficit is not critical against the background of low public debt, stated Russian President Vladimir Putin.
Coverage Details
Total News Sources8
Leaning Left0Leaning Right1Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
Factuality
To view factuality data please Upgrade to Premium
