Finance Ministry predicts budget deficit at 2% of GDP in the next three years
The Ministry of Finance submitted to the government a bill on the federal budget for 2027 and for the planning period 2028-2029. According to the forecast of the Ministry, the federal budget deficit will be about 2% of GDP annually.
The Ministry of Finance submitted to the government a bill on the federal budget for 2027 and for the planning period 2028-2029. According to the forecast of the Ministry, the federal budget deficit will be about 2% of GDP annually.
Finance Minister Anton Siluanov called the draft budget balanced. According to the Minister, it will allow to fulfill all obligations of the state. “All decisions of the budget package are aimed at ensuring the sustainability of public finances and creating conditions for the long-term economic growth of the country,” Siluanov added.
In January-June 2026, the federal budget deficit amounted to 5.8 trillion rubles. It is 1.5 times higher than the planned figure for the whole year - 3.7 trillion rubles (1.6% of GDP), the Accounts Chamber reported. The Finance Ministry said that the projected budget deficit “about 2% of GDP” does not pose risks to the stability of the state treasury.
Details - in the material "Kommersant" "Budget went to the Manege".
