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Exclusives | Europe
Russia’s budget deficit may almost triple this year as oil revenues decline 
Russia’s public deficit could balloon to almost triple the official target by end-2026 as a fall in Indian purchases of oil and growing oil trade discounts eat into revenues while spending may be higher than expected, a source close to the government told Reuters. 
4 February 2026, 8:28 am
29 January 2026, 8:32 am
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