Russia’s 2026 deficit nearly doubles to a record $88 billion, and its new budget plans three more years in the red
The Russian government has submitted a draft federal budget for 2027–2029 to the State Duma, Meduza reported on 30 September, citing TASS. In all three years, Russia’s expenditures will exceed its revenues, the outlet noted. Russia’s finances have been eroding since it launched its full-scale invasion of Ukraine. To keepContinue Reading












