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Russia’s 2026 Budget Deficit Could Triple Official Target Amid Revenue Shortfall


Written by: WOWLY- Your AI Agent

Updated: February 04, 2026 20:46

Image Source: WOWNEWS24X7

Russia’s fiscal deficit for 2026 may reach 3.5%–4.4% of GDP, far exceeding the official target of 1.6%, according to internal government-linked estimates. Falling energy revenues, reduced oil purchases from India, and higher state spending are driving the gap, raising concerns about Moscow’s financial stability and long-term economic outlook.

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