Kremlin calls energy revenues drop and budget deficit fixable 'routine difficulties'

Record ID: 2359265

  • Title: Kremlin calls energy revenues drop and budget deficit fixable 'routine difficulties'
  • Date: 26th February 2026
  • Summary: CHICAGO, ILLINOIS, UNITED STATES (FEBRUARY 26, 2026) (REUTERS) (SOUNDBITE) (English) DARRELL ROBERTS, PAID RESPECTS TO JESSE JACKSON, SAYING: "He was picking up where Martin Luther King left off, in my opinion. He was right there when Martin Luther King was murdered and became a huge civil rights icon for Black people, but people in general when it comes to equality." CHIC
  • Embargoed:
  • Keywords: Russia budget deficit economy oil revenue
  • Location: MOSCOW, RUSSIA / UNIDENTIFIED LOCATION
  • City: MOSCOW, RUSSIA / UNIDENTIFIED LOCATION
  • Country: Russia
  • Topics: Europe,Budget/Taxation/Revenue,Government/Politics
  • Reuters ID: LVA003876526022026RP1
  • Aspect Ratio: 16:9
  • Story Text: The Kremlin on Thursday (February 26) said a sharp fall in revenues from energy sales and a growing budget deficit were "routine difficulties" which could be fixed thanks to overall macroeconomic stability.
    Kremlin spokesman Dmitry Peskov was commenting on a meeting between President Vladimir Putin and top government officials on the budget this week.
    Peskov said that the meeting, which, according to Prime Minister Mikhail Mishustin, took place late on Tuesday (February 24) night and lasted several hours, showed that Putin was closely following economic developments.
    The sustainability of the Russian economy was ensured, Peskov added, saying that a drop in oil and gas revenues was partially offset by an increase in non-energy revenues.
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