The Russian budget deficit in January-October amounted to 5.234 trillion rubles. This is 2.3% of GDP.
Oil and gas revenues fell by 14%, to 6.4 trillion. The Ministry of Finance attributes this to the strengthening of the ruble and the growth of the discount.
Without oil and gas - increased by 19%, to 26.7 trillion.
Total budget revenues increased by 10.8% to 33.2 trillion. Spending grew faster - by 13.4%, to 38.4 trillion. At the end of the year, the Ministry of Finance predicts that the deficit will be 3.2% of GDP.
The expansion of the structural deficit this year is mainly financed without recourse to additional borrowing in the OFZ market (limited to 1 trillion rubles), which is intended to moderate the situation with the availability of credit resources for the off-budget sector and maintain stability in the financial markets - Ministry of Finance.