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Economy
Russian debt: from 6 to 56 regions
Russian Regions in Debt: From 6 to 56 – A Tenfold Surge in Deficits

Russia’s 2026 Budget Shortfall: A Worsening Crisis More than half of Russia’s regions are now facing budget deficits in 2026, a dramatic increase since the start of the war in Ukraine. As of June 20, 2023, 56 out of 83 regions are operating in the red. This marks a sharp reversal from just two years...

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