The Russia Forum: Daily Iskra

The total size of the Russian government’s bailout package thus far is $260bn, or 15% GDP; of this, $160bn has already been spent. The size of the plan as a percentage of GDP exceeds that of the US (11% of GDP) or Germany (6.5% of GDP). Meanwhile, Russia’s bailout plan does not increase the size of public debt, and is financed from government funds.

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