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Russian Finance Minister proposes to reallocate $5 billion in budget spending in 2022

EconomyMar 18, 2022 18:10

© Reuters. FILE PHOTO: Pedestrians walk past Russia’s Finance Ministry building in Moscow, Russia March 30, 2021. REUTERS/Maxim Shemetov

(Reuters) – Russia’s Finance Ministry said on Friday it has sent its proposals to reallocate 485.9 billion roubles ($5 billion) of budget spending in 2022 to focus on the most important expenditures needed to mitigate the Western sanctions. ($1 = 99.7500 roubles)

Russian Finance Minister proposes to reallocate $5 billion in budget spending in 2022

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