Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry said on Monday, with both spending and revenue rising sharply as Moscow ploughed economic resources into the war in Ukraine. According to the ministry's preliminary estimate, the overall deficit stood at 3.49 trillion roubles ($34.4 billion), with revenues increasing 26% to 36.71 trillion roubles and spending climbing 24.2% to 40.19 trillion roubles.