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Russia lets Finance Ministry borrow $12bn more at home as deficit nears double plan

Russia's government has let the Finance Ministry borrow up to RUB1 trillion ($12.2bn) more at home this year, Kommersant reported on November 5, as the deficit nears double its target. Prime Minister Mikhail Mishustin signed order No 3186-r on November 3, allowing the ministry to exceed both the ceiling on state domestic debt and the 2026 domestic borrowing programme by up to that amount. [...]