EconomyRussian billionaires ‘volunteer’ to fund state budget after closed-door Putin meeting, Reuters reports
Russian billionaires have contributed 471 billion rubles, or more than $5.6 billion, to the state budget in 2026, Reuters reported, citing budget documents that classify the payments as “voluntary receipts.” The contributions increased substantially after a closed-door meeting between President Vladimir Putin and business elites in March. Russia’s projected 2026 deficit is 3.2% of GDP.
TThe Kyiv Independent★★★☆☆2026-10-02 19:26Original
Russian billionaires ‘volunteer’ to fund state budget after closed-door Putin meeting, Reuters reports
Economy