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The Russian national budget deficit may reach $45 billion or 1.7% of GDP in 2025. Inflation will go from 4.5% to 7.6%, and the real inflation rate — now at about 10% — will go higher than that. These not-maximum figures are, already, triple of what the official 2025 state budget forecast.
May 5, 2025, 10:17 AM
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