You're reading: Bloomberg: ‘Lost’ trillions haunt Russian budget keeper in era of cheap oil

To get a snapshot of a budget in crisis, visit any of the 10,700 abandoned construction sites that litter Russia, all that’s left after a trickle of state funding ran dry.The costly clutter is one reason the head of the Audit Chamber, a government agency that monitors the budget, says Russia’s finances are in for a “test” next year.

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