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The Economic Times

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Russia prepares 10% cut to 'non-sensitive' spending in 2026, sources say

As economic challenges mount, the Russian government is deliberating on a significant 10% cut to discretionary spending. The viability of this proposal largely depends on the trajectory of oil prices in the coming months. While military and social expenditures will enjoy immunity, the Finance Ministry is actively evaluating possible avenues for spending reductions.

11 Mar 2026 10:24 pm