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Prior to the war in Ukraine, Russia practiced fiscal discipline and built up a reserve in order to make it more resilient to Western sanctions.<ref>[https://www.youtube.com/watch?v=75GP_tKHZWA Is Russia's economy under pressure?], Roundtable video, March 5, 2024</ref>  
 
Prior to the war in Ukraine, Russia practiced fiscal discipline and built up a reserve in order to make it more resilient to Western sanctions.<ref>[https://www.youtube.com/watch?v=75GP_tKHZWA Is Russia's economy under pressure?], Roundtable video, March 5, 2024</ref>  
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Currently, Russia is under a wartime economy.<ref>[https://www.youtube.com/watch?v=75GP_tKHZWA Is Russia's economy under pressure?], Roundtable video, March 5, 2024</ref>  
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Currently, Russia is under a wartime economy and is running a deficit.<ref>[https://www.youtube.com/watch?v=75GP_tKHZWA Is Russia's economy under pressure?], Roundtable video, March 5, 2024</ref>  
     
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