27-September-2025
Economy News
 
Russia's State Debt-Servicing Costs Will Rise by 23% in 2026
26-Sep-2025

Russia's debt-servicing costs will rise by 22.5% in 2026 from this year, reaching 8.8% of the total budget expenses, due to an increase in borrowing and high interest rates, Finance Ministry documents showed on Thursday. The government approved a three-year draft budget on September 24 with a rise in the value-added tax in 2026 to boost revenues and an increase of the deficit estimate for 2025 to 2.6% of GDP from the previous 1.7%.

News Source:- https://money.usnews.com/investing/news/articles/2025-09-25/russias-state-debt-servicing-costs-will-rise-by-23-in-2026
 
 
 

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