For sanctions to work, they needed to be in place.

Now that fossil fuel sanctions (EU oil embargo and G7 price cap) are binding. Russian budget is in trouble. Revenue only covers 2/3 of expenditures.
RT @jakluge: 1) New data on Russia's federal #budget in February is out. Some normalization after a high January deficit was expected, but the opposite happened. The deficit grew to 2.6 tn RUB, 1.7% of GDP after two months. Revenues in February 2023 were 1.8 tn RUB,…

🐦🔗: https://n.respublicae.eu/lugaricano/status/1633028509361733634