Putin Bets on War: Russia's Deficit Doubles to $81 Billion
Part of composite article Global Debt Crisis Pushes Borrowing Costs to 40-Year Highs as Russia's War Deficit Doubles to $81 Billion View full article →
Russia's 2026 budget deficit has nearly doubled to more than $81 billion. War spending has blown past the original plan.
The surge follows Putin's assessment that talks with the US in Alaska would not produce an acceptable deal to end the fighting, according to Bloomberg.