Political analytics and forecasts Partly open
Evening Political Roundup, October 13, 2026
A budget deficit of 5.63 trillion rubles has been retroactively approved, the IMF is raising its global inflation forecast due to the war, and the number of social benefit recipients has increased by a third. These three news stories of the day all point to a single mechanism that is worth understanding in advance: social obligations are not being eliminated—they are being devalued. Not a single unpopular decision has been made, yet spending has been cut.
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- the full set of indicators and market factors;
- an interpretation of the current picture;
- conclusions and the signals that follow.