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Emergency Measures to Be Implemented as Inflation, Ruble Depreciation, and Decreased Social Benefits Loom

Linda Knowles 1 year ago in Breaking News 0

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Emergency Measures to Be Implemented as Inflation, Ruble Depreciation, and Decreased Social Benefits Loom NEW YORK (RichTVX.com) — The Russian economy is facing a severe crisis due to the collapse in prices for Russian oil and gas and a sharp decline in their sales. This has caught Putin and his technocrats off guard and the 2023 budget, which was built on the assumption that energy exports would remain at the same level and the price of a barrel of Urals would be $70.1, is now becoming unfeasible. The deficit of 2.9 trillion rubles is expected to at least double. The […]

The post Emergency Measures to Be Implemented as Inflation, Ruble Depreciation, and Decreased Social Benefits Loom appeared first on Rich TVX News Network.

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