A RECORD-BREAKING 1.5 TRILLION RUBLES DEFICIT IN RUSSIAN REGIONAL BUDGETS
Russian regions ended 2025 with a total deficit of 1.538 trillion rubles in local budgets, reported the Russian Ministry of Finance. Compared to the previous year, the deficit in regional budgets increased by 5 times, and compared to 2023, it increased by almost 8 times, with its total size becoming unprecedented in the last 20…
