Russia's war economy strains: Putin cuts social spending despite record oil revenue
Published 2 d ago2 sourcesEvidence: Reported
Russia's Ministry of Industry and Trade is reportedly considering increasing funding for preferential car loans in 2027 by 10.4 billion rubles to a total of 17.4 billion, as part of the draft three-year budget's second reading. The move signals continued state support for domestic auto demand amid economic pressures, but details remain unconfirmed. This is a fiscal policy adjustment with potential implications for Russian auto sector and consumer credit markets.
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