
The budget deficit is at a safe level and will be around 2% of GDP for the next three years.
Finance Minister Anton Siluanov said that Russia's public debt will remain under control in 2027–2029, and the budget deficit will be about 2% of GDP.
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Discussion of the parameters of the draft federal budget of the Russian Federation for 2027–2029 in the Federation Council.
Finance Minister Anton Siluanov said that the size of Russia's public debt in 2027–2029 will remain under control.
The budget deficit is at a safe level and will be around 2% of GDP for the next three years.
MOSCOW, October 5 - RIA Novosti. The size of Russia's national debt in 2027-2029 will remain under control, Finance Minister Anton Siluanov said at parliamentary hearings in the Federation Council on the parameters of the draft federal budget of the Russian Federation for this period.

World prices for Brent oil have stabilized at $102-103 per barrel. Rising exports from Saudi Arabia and G7 plans to release strategic fuel reserves have eased fears of a supply shortage.

Finance Minister Anton Siluanov said that real incomes of Russians will grow by 1.4% in 2027, and by 2.5% annually in 2028-2029. An increase in the minimum wage to 28,935 rubles and the subsistence level to 20,227 rubles was also announced.

The head of the Federal Tax Service, Daniil Egorov, reported an increase in the number of officially employed Russians by 1.3 million over four years. At the same time, the number of citizens without official income decreased by 3.7 million people, and the number of self-employed reached 9.5 million.

In September, the average price of Russian Urals oil reached $92.08 per barrel amid rising world prices due to the conflict in the Middle East. The Ministry of Finance forecasts an increase in additional oil and gas budget revenues in October to 289.46 billion rubles.

The property of businessman Telman Ismailov and his family in Montenegro, worth about 3 million euros, may be seized as part of bankruptcy proceedings. Assets include land plots, commercial properties and companies in Podgorica.

The head of the Accounts Chamber of the Russian Federation, Boris Kovalchuk, said that domestic demand will continue to stimulate the economy. Retail trade is forecast to grow by 8.8% from 2027 to 2029, with fixed investment gradually accelerating as monetary policy eases.