“Russia’s Revenue From Oil and Gas Almost Halved in February”
- Budget’s proceeds from oil taxes fell 48% from a year ago
- Gas revenue declined 42% due to lower exports to Europe
I can’t get “in” to Bloomberg, or at least not directly (paywall).
Did that article state how much VAT and income taxes were down in Feb. 2023? VAT (a good measure of the overall economy) was down almost 44% in Jan. 2023, IIRC. Income tax actually went freaking NEGATIVE.
From what I understand, the Russian VAT revenues might be the single best indicator for their economy overall. But, I don’t claim special insight on that point. ;-)