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Moscow, Sept. 29 (Petra) – Russia’s Ministry of Finance announced
Tuesday that the country’s public debt reached about 20% of gross
domestic product (GDP) during 2026, coinciding with a 43% increase in
total government borrowing to around $92 billion.
The ministry said in a statement that Russia’s total public debt is
expected to rise to about 21.7% of GDP during 2027, as the government
continues to need financing for public spending and to cover budget
requirements.
//Petra// AF
