Reposted by Jintro Pauly
Russia's budget deficit reached $68.4 billion, or 2.5% of gross domestic product, in the first eight months of 2026, exceeding the $44.8 billion planned for the entire year.
Borrowing has been floated as one solution — but it will be an expensive one.
themoscowtimes.com
Russia Has a Budget Problem. Borrowing Its Way Out Won't Be So Simple. - The Moscow Times
Russia’s government debt stands at about 19% of gross domestic product, a figure President Vladimir Putin uses to reassure Russians as the country’s budget deficit widens. The federal budget deficit ...