Russia To Adjust Spending On Putin’s ‘National Projects’ As Economy Hit By Coronavirus

Kremlin and River

(Article text ©2020 RFE/RL, Inc., Radio Free Europe/Radio Liberty – – May 3, 2020 – article text also appeared at Russia may alter spending plans for a series of national goals promoted by President Vladimir Putin two years ago as the spread of the coronavirus slashes budget revenues. Putin’s spokesman Dmitry Peskov said on May 3 that the […]

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JRL NEWSWATCH: “Putin’s Own Government Warns His Campaign Promises Can’t Be Met” – Bloomberg/ Evgenia Pismennaya, Anna Andrianova, Ilya Arkhipov

Cash, Calculator, Pen

“… Putin’s own government doesn’t believe his ambitious campaign pledges to improve living standards are attainable. Officials have analyzed the $400 billion [National Projects] spending program … and found that the majority of targets will be impossible to achieve before … Putin’s term [ends] in 2024 …. Putin and … Medvedev have been briefed about the findings …. confirm[ing] conclusions […]

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