MOSCOW, November 10. /TASS/. Russia’s federal budget deficit for January-October 2026 amounted to 5.2 trillion rubles ($62.5 bln), or 2.3% of GDP, the Finance Ministry reported.

"Increased spending on key priorities coupled with a decline in baseline oil and gas revenues has necessitated some deviation from the targeted structural balance parameters. The primary structural deficit for the current year is expected to be around -1.8% of GDP. According to preliminary estimates, federal budget revenue from January to October 2026 totaled 33,176 billion rubles, an 11% increase over the revenue collected during the same period in 2025," the report said. Total expenditure for the first ten months amounted to 38.4 trillion rubles, an increase of 13.4% over the figures from the previous year.