Telegraph.co.uk |
Putin cancels Christmas for MPs as finance minister warns over growth and deficit
Telegraph.co.uk Russia's economy will shrink by around 4pc next year as a result of falling oil prices and ongoing financial turmoil, its finance minister has warned. Anton Siluanov said lower revenues would force the government to increase its budget deficit and raid … Russia's Finance Minister sees economy shrinking 4 percent in 2015 Russia could burn through reserves in three years, finance minister says Russia braces for sharp recession as finance minister says GDP to shrink by 4 … |