The Russian Federal Government posted a budget deficit of RUB 4.2 trillion in the January-August period of 2025, or 1.9% of the GDP, up sharply from RUB 0.3 trillion during the same period in 2024, according to preliminary data from the Finance Ministry. The figure exceeds the government’s revised target of 1.7% of GDP, which was tripled in May due to falling oil prices and new US tariffs. Total government spending jumped 21.1% year-on-year to RUB 27.92 trillion, while revenues increased at a much slower 3% to RUB 23.73 trillion, driven by a 20.2% rise in oil and gas revenues and a 14.3% increase in non-oil and gas revenues.
作者：Luisa Carvalho，文章来源tradingeconomics，版权归原作者所有，如有侵权请联系本人删除。
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