Russia Tightens Fiscal Expenditure to Cope with Liquidity Crisis
2026-08-27 23:43:00
According to CoinMeta, after a liquidity crisis in April, Russia implemented strict restrictions on fiscal expenditures. Sources familiar with the matter revealed that due to the federal budget balance of the Ministry of Finance falling to minus 5.5 trillion rubles (approximately 65.3 billion US dollars), Russian Finance Minister Siluanov warned Prime Minister Mishustin that there was not enough cash that month to pay all necessary payments on time.
Source:Jin10 Data
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