logo_headerTuesday, September 27, 2022

externalRussia's budget surplus nears $170 billion in six months, despite western sanctions.

This item is part of our running news digest

August 9, 2022 10:34 pmby The Kyiv Independent news desk

According to Russia's Central Bank, the country’s budget surplus has tripled compared to the same period in 2021. Two key reasons led to this – record high energy prices, primarily for Russia's key exports, gas and oil, and a sharp decline in the country's imports due to Western sanctions.

externalGo to the source of this newsSEE OUR NEWS DIGEST
The Kyiv Independent news desk
Author:  The Kyiv Independent news desk
Independent journalism
for an independent Ukraine
Independence is an expensive currency. Both Ukraine and its journalists are paying a high price to preserve its independence. Support Ukraine's trusted journalism in its darkest hour.