The federal budget deficit in Russia is reaching record levels, which also affects regional budgets, while the implications of high oil prices for the country's economy are being discussed.

The federal budget deficit in Russia is reaching record levels, which also affects regional budgets, while the implications of high oil prices for the country's economy are being discussed.

@meduzalive 16 Mar 2026, 18:16

Russia is facing a record budget deficit, leading to cuts in government spending and layoffs of officials in Moscow, while high oil prices do not ensure the economy's salvation.

@meduzalive 16 Mar 2026, 18:03