Tag Archives: finance_ministry

On restructuring and reconstruction

Vladimir Putin’s proposals to restructure the debt of Russian regions will likely provide regions with some much-needed fiscal relief in an election year. Putin expects governors to come up with ideas, spend on them and take responsibility for their implementation. … Continue reading

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The plague year of the regions

The pandemic year of 2020 battered regional budgets. Some went through a double crisis due to the oil slump in the first half of the year. However, official figures released in January show a somewhat rosier picture than many feared. … Continue reading

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