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The Kremlin’s Parasitic Economy Under Pressure: How Sanctions Shift Russia’s Budgetary Arithmetic
The Russian Ministry of Finance has released data that forces a reassessment of Moscow’s financial capacity to continue the war. In January, oil and gas revenues fell to $3.6 billion (393.3 billion rubles), 32% below planned levels. For comparison: at the start of the full-scale invasion, this sector provided the treasury with approximately $9.1 billion (1 trillion rubles) monthly. The numbers have now changed dramatically.
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