Russian officials have cautioned President Putin as the Ukraine war drives Russia's deficit to 5.9 trillion rubles by April, surpassing the annual target of 3.8 trillion.
Russia's deficit hit 5.9T rubles in April, double the 3.8T annual target; Finance Minister warns reserves "are not endless." Putin refuses military cuts despite stagflation, signaling Ukraine war remains priority—geopolitical risk for European tech budgets.
Russia's budget deficit has skyrocketed
Jun 03, 2026
05:16 pm
What's the storyRussian officials have warned President Vladimir Putin that the financial burden of the Ukraine war is becoming unsustainable.
The country's deficit had reached 5.9 trillion rubles by April, far exceeding the planned 3.8 trillion rubles for the entire year.
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