RUSSIA EXPECTS ITS 2027 FEDERAL BUDGET DEFICIT TO BE AROUND 2% OF GDP, WITH PROJECTIONS BASED ON A CONSERVATIVE OIL PRICE ASSUMPTION OF ABOUT $50 PER BARREL, PRESIDENT VLADIMIR PUTIN SAID.

HE ADDED THAT OIL AND GAS REVENUES ARE EXPECTED TO INCREASE, ALLOWING THE GOVERNMENT TO REPLENISH ITS WELLBEING FUND.

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