Russia's Budget Fully Funded, Minister Says

Siluanov: Russia's budget is secured by resources; there are no financial problems.

Consensus

The Russian federal budget is fully funded for all planned expenses.
Minister of Finance Anton Siluanov stated there are no financial problems with the budget.
Siluanov confirmed that all planned budget expenditures are covered by available resources.
The deficit for the first seven months of 2026 reached 6.455 trillion rubles.
The deficit exceeds the 2026 annual plan by 1.7 times.
The government has the authority to adjust budget parameters without parliamentary review.
Tax increases were implemented in 2025 and 2026, including higher rates for personal income tax, corporate profit tax, and VAT.
The government has begun using artificial intelligence in budget preparation and tax and customs operations.
The government has postponed regional debt repayments to 2031–2033.

The Ministry of Finance faced difficulties selling federal loan bonds, with an auction on 15 July canceled due to lack of bids. — vm
As of mid-August 2026, non-repayable business contributions to the federal budget exceeded 383 billion rubles, surpassing the full 2025 volume by 1.5 times. — vedomosti
President Vladimir Putin reported a budget surplus in July 2026, citing increased oil and non-oil revenues. — vedomosti
Moscow's mayor proposed delaying regional budget loan repayments from 2027–2029 to 2031–2033. — vedomosti