Russia runs budget deficit as defence spending rises

Russia swung from a budget surplus to a deficit last year, officials said Tuesday, as authorities boost defence spending amid Moscow's assault on Ukraine. The deficit reached 3.3 trillion rubles ($47 billion), or 2.3 percent of gross domestic product, Finance Minister Anton Siluanov told a government meeting. Russia ran a budget surplus in 2021. Siluanov said that compared to 2021,

 https://www.spacewar.com/reports/Russia_runs_budget_deficit_as_defence_spending_rises_999.html