The Russian federal budget deficit for ten months of 2026 has reached 5.2 trillion rubles, or 2.3% of GDP, according to a preliminary estimate by the Ministry of Finance.
The department noted that a year earlier the deficit stood at 3.942 trillion rubles, or 1.8% of GDP. Budget revenues in January-October this year reached 33.176 trillion rubles, an increase of 10.8%, while oil and gas revenues fell by 14.1% year-on-year, to 6.442 rubles. The Ministry of Finance explained their decrease in the strengthening of the ruble and the growth of payments against the background of the increase in the prices of oil products in the world.