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Budget Squeeze Looms After Russian Vote
Keywords:
Tags: Current Focus, Oil & Gas, Russia,
Russia's finance minister, Alexei Kudrin, and Russia's finances
01/25/2008
Kudrin on higher military spending of 3% of Russia's GDP, exceeding the amount spent on education. He sees this as endangering Russia's finances. Kudrin's focus on building the Russian Stabilization Fund helped Russia weather the 2008 global financial crisis. He is one of the St Petersburg officials who helped bring Putin to the Presidency. A slowing economy and a decline in oil prices would have an impact on the Russian economy. Analysts say Russia needs an oil price of $120 to support the current level of spending.
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Russia Looks to Borrow to Plug Funding Gap
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Russia Prepared to Let Ruble Slide
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Wall Street Journal 03/05/2012
Competing Visions for Russia’s Economic Future
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Russia's Budget Deficit- 2011-2013
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New York Times 01/24/2011
This Time, Russia Is Prepared for a Global Downturn
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Russia's budget deficit, the Reserve Fund and foreign investment
05/09/2006
The Reserve Fund, Russia's sovereign wealth fund, is now down to $26 billion. This would only cover about half of the 2011 budget deficit. The need for foreign investment to pursue economic growth, meet development needs, and for oil exploration in the Arctic.
Grouped Articles
Russia's Growth Pace Continues to Weaken
Wall Street Journal 08/11/2013
Russia Looks to Borrow to Plug Funding Gap
Wall Street Journal 09/19/2013
Russia Prepared to Let Ruble Slide
Wall Street Journal 01/30/2014
Competing Visions for Russia’s Economic Future
New York Times 05/22/2014
Putin Trumpets Economic Strength, but Advisers Seem Less Certain
New York Times 10/02/2014
Global Oil Glut Sends Prices Plunging
Wall Street Journal 10/15/2014
Russia's economy- 2010-2014
09/10/2011
Grouped Articles
Putin Pledges Stimulus for Russian Economy
Wall Street Journal 06/21/2013
Russia's Growth Pace Continues to Weaken
Wall Street Journal 08/11/2013
Russia Looks to Borrow to Plug Funding Gap
Wall Street Journal 09/19/2013
Russia Prepared to Let Ruble Slide
Wall Street Journal 01/30/2014
Red Alert on Russia Is Premature
Wall Street Journal 02/03/2014
Russia's Power Play Hits Economic Weak Spot
Wall Street Journal 03/04/2014
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