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mk.ru
🌐 85% Global Worthiness
Frozen Russian Budget Funds and Economic Consequences
Russia's budget policy since 2004 has frozen trillions of rubles, initially invested in Western assets and later rendered idle by sanctions, leading to high-interest borrowing from major banks and creating a massive reserve despite economic challenges.
Frozen Russian Budget Funds and Economic Consequences
Russia's budget policy since 2004 has frozen trillions of rubles, initially invested in Western assets and later rendered idle by sanctions, leading to high-interest borrowing from major banks and creating a massive reserve despite economic challenges.
Progress
72% Bias Score
Reduced Inequality
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