EconomyFACTBOX: Key takeaways from Russia’s draft federal budget for 2027-2029
Russia’s draft federal budget for 2027-2029 says measures to ease inflationary pressure have been effective. The 2026 deficit is projected at 3.2% of GDP, or 7.335 trillion rubles ($87.79 billion), while total public debt is forecast to rise through 2029. The plan includes domestic and foreign-currency bond issuance, replenishment of the National Wealth Fund, and allocations for education and healthcare.
FACTBOX: Key takeaways from Russia’s draft federal budget for 2027-2029