The federal budget deficit of the Russian Federation for the first half of 2026 exceeded the annual figure

The Russian federal budget deficit for the first half of 2026 amounted to 5.85 trillion rubles, which exceeds the approved annual deficit.

The total volume of federal budget revenues for this period amounted to 18.5 trillion rubles, of which oil and gas revenues were 3.5 trillion rubles, and non-oil and gas revenues were 15 trillion rubles.

The public debt of the Russian Federation in the first half of 2026 increased by 6.8%, to 37.5 trillion rubles.

MOSCOW, September 23 - RIA Novosti. The federal budget deficit of the Russian Federation for January-June 2026 amounted to 5.85 trillion rubles, with an approved deficit of 3.786 trillion rubles at the end of 2026, according to the operational report of the Accounts Chamber of the Russian Federation on the progress of execution of the federal budget for the first half of 2026.

“The federal budget deficit that developed in the reporting period corresponds to the cash plan indicator for July 1, 2026 for the first half of the year (-) 5,847.9 billion rubles and amounts to 95.5% of the annual cash plan indicator for 2026 (-) 6,122.9 billion rubles,” the report says.

Budget expenditures for this period amounted to 24.4 trillion rubles. The total volume of federal budget revenues for the specified period amounted to 18.5 trillion rubles, of which oil and gas - 3.5 trillion rubles, and non-oil and gas - 15 trillion rubles, the report indicates.

“Revenue receipts were influenced by macroeconomic conditions, changes in legislation and regulations of the Russian government, including in terms of increasing tax rates and introducing new types of state duties, as well as the transfer of the gambling tax from regional to federal taxes, while simultaneously changing the approach to taxation of bookmakers and sweepstakes,” explains the Accounts Chamber.

The volume of the National Welfare Fund (NWF) in ruble equivalent has decreased by 311 billion rubles since the beginning of 2026 and as of July 1 amounted to 13.1 trillion rubles, the report notes. “The volume of liquid assets of the National Welfare Fund (funds placed in accounts with the Bank of Russia) decreased by 473.3 billion rubles and amounted to 3.6 trillion rubles,” the department noted.

The public debt of the Russian Federation in the first half of 2026 increased by 6.8%, to 37.5 trillion rubles. The cost of its maintenance amounted to 1.8 trillion rubles (45.3% of the consolidated budget figure), notes the Accounts Chamber.

Expenses for capital investments (within the framework of the register of capital construction projects) amounted to 351.4 billion rubles. In particular, out of 294 capital construction projects planned for commissioning in 2026, 13 objects have been commissioned. At the same time, for 251 objects there are risks of non-fulfillment of expenses in full, and for 41 objects subject to commissioning in 2026, there are risks of non-commissioning on time.

“According to the Electronic Budget, in the register of capital construction projects for 2026-2030, as of June 30, 2026, there are 256 objects subject to commissioning. Of these, 21 objects were commissioned in previous years (2025, 2024 and earlier) and included in the register to complete calculations. Thus, the actual number of objects subject to commissioning in 2026 is 235,” the Ministry of Construction noted in turn; a comment is attached in the materials of the Accounts Chamber.