EconomyRussian budget deficit to reach 2.2% of GDP next year — Finance Minister
Finance Minister Anton Siluanov said Russia’s federal budget deficit will reach 2.2% of GDP in 2027. Spending is planned at 48.8 trillion rubles and revenue at 43.3 trillion rubles. He said the budget can withstand different scenarios, with Urals crude priced at $50 per barrel for the next three years to fund commitments.
Russian budget deficit to reach 2.2% of GDP next year — Finance Minister