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Russia’s federal budget deficit fell to $10.6bn, or half a percent of GDP, below projected 0.8% forecast


Russia’s federal budget deficit for the first half of 2024 amounted to RUB929bn ($10.6bn), or just 0.5% of GDP, well below the 0.8% of GDP forecast for the full year according to preliminary figures released by the Finance Ministry on July 9.

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