The finance ministry stopped publishing individual monthly budget fulfilment data last year, but based on Wednesday's figures, Russia posted a deficit in April of 1 trillion roubles ($12.9 billion). That compares to a 181 billion rouble surplus in March and deficits of 821 billion roubles in February and 1.76 trillion roubles in January. Just four months into the year, the spending gap in April took Russia's deficit 17% above the government's plans for a 2.9 trillion-rouble deficit in 2023 as a whole. Spending was 26.3% higher in the first four months of the year compared to 2022, the preliminary data showed, while income was down 22.4%. ($1 = 77.7205 roubles) (Reporting by Darya Korsunskaya; Writing by Alexander Marrow and Jake Cordell; Editing by Jan Harvey)
May 10 (Reuters) - Russia's federal budget recorded a
3.4 trillion rouble ($43.8 billion) deficit in the first four
months of the year, the finance ministry said on Wednesday, as
Moscow continued to spend heavily and energy revenue fell.
In the same period of 2022 Russia posted a surplus of 1.2
trillion roubles, but since then significant outlays to support
its military campaign in Ukraine and a wall of Western sanctions
on its oil and gas exports have hit government coffers.
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