Russia's Jan-Sep 2026 Budget Deficit Hits 5.186T Rubles, 2.2% of GDP

Russia's federal budget deficit for January-September 2026 reached 5.186 trillion rubles (2.2% of GDP), per preliminary Ministry of Finance data. This reflects continued fiscal strain amid war-related spending and sanctions, though the deficit remains within official projections. The figure signals sustained government borrowing needs, potentially pressuring the ruble and domestic rates.