FX.co ★ Russia Government Budget Widens in January-August

The Russian federal government posted a budget deficit of RUB 5.8 trillion in January–August 2026, equivalent to 2.5% of GDP, according to preliminary estimates. This is significantly higher than the RUB 3.9 trillion deficit recorded in the same period a year earlier. Federal expenditures increased by 14.7% year-on-year to RUB 31.724 trillion, while revenues rose by 9.2% to RUB 25.929 trillion.