War Expenses Strain Russia's Budget: Deficit Reaches Trillions of Rubles
Russia has been forced to cut expenditures after funds have been depleted, revealing the growing costs of the war in Ukraine during the April liquidity crisis. This has been reported by sources from Bloomberg.
A strict austerity regime has been established following a warning from Finance Minister Anton Siluanov to Russian Prime Minister Mikhail Mishustin that funds will not be sufficient to cover all necessary payments on time this month, sources close to the government have indicated.
According to these sources, the federal budget deficit has reached 5.5 trillion rubles (approximately $65.3 billion).
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Armenian Parliament Approves 2024 Budget
The Armenian Parliament has approved the state budget for 2024, aiming to boost economic growth and social welfare.
Russian Forces Continue Offensive Progress in All Directions: Gerasimov
The offensive operations of the Russian armed forces continue in all directions without a reduction in pace. This was st...
Drones Strike Ozon Warehouses in Orenburg and Ufa
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A Special Group Under Papikyan's Leadership Has Started Working on Army Issues
Today, the first meeting of the interagency working group, established by the decision of the Prime Minister of Armenia,...
Ավելին Military բաժնից
Where Are Our Children? – Over 1000 Families of Missing Persons Await Answers
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Russian Strike Completely Destroys Khortytsa Vodka Factory; 4 Million Bottles of Product Lost
