PoliticsNotableSingle-source
5.3
Kremlin denies tax hike consideration despite wider budget deficit
Interfax·RU·3 days ago
Russia's federal budget deficit for January-August reached 5.8 trillion rubles (2.5% of GDP), though August posted a surplus, per the Finance Ministry. The deficit reflects sustained military spending and sanctions pressure, but the August surplus suggests some fiscal stabilization. This signals ongoing fiscal strain with potential implications for ruble stability and inflation.
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