Russian regions

Two-thirds of Russian regions face budget deficits as economic strain spreads

The number of Russian regions running budget deficits continues to rise: In the first quarter of 2026, 56 regions faced a budget gap, up from 46 in the same period last year.

16 June, 02:50 PM

Russia’s regional budgets buckle as war costs drive record deficits

Russian regional budget deficits are expected to hit RUB 1.9 trillion, or about $ 25.3 billion, in 2026 after setting an all-time record last year, Russian Finance Minister Anton Siluanov warned, The Moscow Times reported.

1 May, 05:28 PM

Ukraine creating buffer zones inside Russia

Ukrainian troops remain active in Russia’s Kursk and Belgorod oblasts and may soon expand operations into other regions to ramp up pressure on Moscow, military analyst Vasyl Pekhno said on Radio NV on April 11.

12 April 2025, 03:45 PM

Russian regions