Ukraine's foreign minister said Russia is facing an unprecedented budget deficit. Official data show Russia ran a January–September budget shortfall of $61.1 billion, about 37% above the Kremlin's planned full-year deficit target; spending rose 14.5% over the period, revenue increased 10%, and oil and gas receipts fell 17.2%.

2026-10-19

Ukraine's foreign minister said Russia is facing an unprecedented budget deficit. Official data show Russia ran a January–September budget shortfall of $61.1 billion, about 37% above the Kremlin's planned full-year deficit target; spending rose 14.5% over the period, revenue increased 10%, and oil and gas receipts fell 17.2%.