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Putin calls for 'balanced decisions' on Russia's windfall energy revenues amid global price spike

ReutersMar 23, 2026 10:26 AM
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- Russian President Vladimir Putin asked the government on Monday to make "balanced decisions" on how to use windfall state revenues from energy exports caused by a spike in global prices.

"Regarding the federal budget, it is also necessary to make balanced decisions concerning cyclical revenues to, I repeat, ensure the long-term balance of the country's main financial document," Putin told a meeting with economy officials.

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