Russian Duma Committee Backs 2027-2029 Federal Budget Draft in First Reading

The State Duma Budget Committee recommended adopting Russia's federal budget for 2027-2029 in the first reading, a routine procedural step in the legislative process. The draft's fiscal parameters remain undisclosed, but the move signals continuity in Russia's budget planning amid ongoing geopolitical tensions. The final adoption will depend on subsequent readings and amendments.

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