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2026-02-26 17:27:30
[Kremlin Responds Calmly to Declining Energy Revenue: Routine Challenges, Macroeconomic Stability as a Safety Net] ⑴ The Kremlin commented on Thursday regarding the economic work meeting between the President and the Prime Minister, stating that such meetings are routine and held regularly. This indicates that the authorities are conducting regular monitoring and evaluation of current economic indicators. ⑵ Regarding the fiscal situation, which has drawn external attention, the Kremlin acknowledged that oil and gas revenues have indeed declined. However, it also pointed out that this gap has been partially offset by growth in non-energy sector revenues, demonstrating the initial success of Russia's economic restructuring. ⑶ When discussing the budget deficit, the Kremlin characterized it as a "routine difficulty." Officials emphasized that, thanks to macroeconomic stability, these temporary problems can be effectively resolved. ⑷ Overall, the core message conveyed by the Kremlin is that despite the pressure from reduced energy revenues, the overall sustainability of the economy is guaranteed. This statement aims to stabilize market expectations and downplay the impact of short-term fluctuations on long-term trends.
