The Federal Budget Deficit Has Exceeded 5 Trillion Rubles Since the Beginning of the Year
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Russian October Budget Gap Widens as War Spending Hits Finances
Russia posted a budget deficit of 5.23 trillion rubles ($63 billion) in the first 10 months of 2026, as stronger revenue failed to keep pace with mounting government spending, according to Finance Ministry data published Tuesday.
The federal budget deficit has exceeded 5 trillion rubles since the beginning of the year
According to the Ministry of Finance's preliminary estimate, Russia's state budget revenues for the first ten months of this year amounted to 33,18 trillion rubles, an 11% increase compared to the same period last year. Non-oil and gas...
According to a preliminary estimate by the Ministry of Finance, the Russian State's revenue for the first 10 months of this year was 33.18 trillion rubles, which is 11 per cent higher than for the same period last year, while non-oil gas revenues rose by 19.1 per cent (to 26.73 trillion rubles), while non-oil revenues rose by 19.1 per cent (to 26.73 trillion rubles).
The Russian Federation ' s federal budget in January and October 2026, according to preliminary data, was implemented with a deficit of 5,234 trillion roubles, or 2.3 per cent of GDP, as indicated by the Ministry of Finance ' s monthly summary.
That's 38% more than the annual plan.
Russia's federal budget deficit rose by 32.7 percent to 5.23 trillion rubles (approximately $63 billion) in the January-October period of 2026 compared to the same period of the previous year. The budget deficit as a percentage of gross domestic product (GDP) was calculated at 2.3 percent.
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