Russian Economy’s Bleak Outlook – Fiscal deficit Widens
Russian Economy’s Bleak OuTlook – Fiscal deficit Widens It’s been a year now since Russian-Ukraine War. The Economic outlook of Russia looks bleak. Falling Oil and Gas production in 2023 along with sanctions are hurting Russia’s economy. The International Energy Agency estimates that Oil production will fall to 1.6 million barrels per day (bpd) in …
