Lost Trillions Haunt Russian Budget Keeper in Cheap-Oil Era

Updated on
  • Fiscal watchdog head warns Russian budget faces ‘test’ in 2017
  • Government running widest deficit since 2010 after oil’s crash
Photographer: Andrey Rudakov/Bloomberg

To get a snapshot of a budget in crisis, visit any of the 10,700 abandoned construction sites that litter Russia, all that’s left after a trickle of state funding ran dry.

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