Russia’s spending on its war against Ukraine could exceed the 2026 budget by at least RUB2 trillion ($28 billion), putting added pressure on Kremlin finances, according to a letter from Finance Minister Anton Siluanov reviewed by the Financial Times on May 29.
Russia’s 2026 war budget deficit grows to $28 billion — FT
Russia’s spending on its war against Ukraine could exceed the 2026 budget by at least RUB2 trillion ($28 billion), putting added pressure on Kremlin finances, according to a letter from Finance Minister Anton Siluanov reviewed by the Financial Times on May 29.
