Russia's war economy strains: Putin cuts social spending despite record oil revenue
Published 2 d ago2 sourcesEvidence: Reported
Russian regional governments face ballooning budget deficits, forcing cuts to public services and benefits that directly affect ordinary citizens. The fiscal strain, likely tied to central spending on the war effort, raises the risk of localized social unrest, though organized protest remains uncertain. This marks a notable shift from prior state capacity to shield regions from austerity.
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