1.0the patient investorhttps://thepatientinvestor.comRussia's unsustainable budget deficit - the patient investorrich600338<blockquote class="wp-embedded-content" data-secret="23jjTGLng1"><a href="https://thepatientinvestor.com/index.php/2015/12/17/russias-unsustainable-budget-deficit/">Russia’s unsustainable budget deficit</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://thepatientinvestor.com/index.php/2015/12/17/russias-unsustainable-budget-deficit/embed/#?secret=23jjTGLng1" width="600" height="338" title="“Russia’s unsustainable budget deficit” — the patient investor" data-secret="23jjTGLng1" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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Interesting comment on Russia’s 3% budget deficit from Sergei Guriev, professor of economics at Sciences Po in Paris: The 3 percent GDP deficit is not large but because Russia lacks access to financial markets, it can rely only on its Reserve Fund. Given that the Reserve Fund accounts for only 6.7 percent of GDP, it … Continue reading ""