Russia Seen Testing Wide Policy Mix to Fix Budget Hit by Oil

Updated on
  • Survey shows Russia may resort to combination of policies
  • Slumping oil prices dent budget revenue, force adjustment

Russia’s biggest budget crisis in years is leaving the government stumped as it debates a range of options to steady public finances, from spending cuts to higher oil taxes. The choice may be to select all of the above, according to economists surveyed by Bloomberg.

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