The Russian federal government ran a budget deficit of RUB 5.73 trillion in January-June 2026, or 2.5% of the GDP, larger than RUB 3.39 trillion in the same period a year ago, according to preliminary estimates.Federal expenditures jumped by 16.1% year-on-year to RUB 24.35 trillion, while revenues…
The Russian federal government ran a budget deficit of RUB 5.73 trillion in January-June 2026, or 2.5% of the GDP, larger than RUB 3.39 trillion in the same period a year ago, according to preliminary estimates.
Federal expenditures jumped by 16.1% year-on-year to RUB 24.35 trillion, while revenues rose by 5.8% to RUB 18.62 trillion.
