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Belarus
First report 1h ago•Last update 1h ago

Russia reduces financial aid to Belarus by 1.4 billion rubles

Russia is set to cut its gratuitous payments to Belarus by 1.4 billion rubles, impacting nearly 14% of Belarus's republican budget, with the reduction linked to oil and tax agreements.

Background

Russia and Belarus are closely allied nations with deep economic and political ties. Russia provides significant financial support to Belarus, often through energy subsidies and loans. These financial arrangements are a key component of their bilateral relationship and influence Belarus's economic stability.

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Russia reduces financial aid to Belarus by 1.4 billion rubles

First report 7h agoLast update 7h ago
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