The Japanese government may reduce government spending after the Russian assets of Japan Tobacco International (JTI) are transferred to outside management, Bloomberg reports. The country's Ministry of Finance owns 37.55% of the tobacco company and received dividends of 655 million dollars last year, about 44% of the expected revenues of the state investment fund. Against the backdrop of the loss of business in the Russian Federation, JTI shares have fallen more than 30% in two days, and Goldman Sachs analysts expect a reduction in payments to shareholders of about 25%.

The Japanese government may reduce government spending after the Russian assets of Japan Tobacco International (JTI) are transferred to outside management, Bloomberg reports. The country's Ministry of Finance owns 37.55% of the tobacco company and received dividends of 655 million dollars last year, about 44% of the expected revenues of the state investment fund. Against the backdrop of the loss of business in the Russian Federation, JTI shares have fallen more than 30% in two days, and Goldman Sachs analysts expect a reduction in payments to shareholders of about 25%.