Expenditures on the development of strategies in the ports of the European part of the Russian Federation are almost frozen.
Investments in the main railway projects of Russia, in particular, the modernization of the Baikal-Amur and Trans-Siberian Railways, will be reduced five times – to $720 million due to the record level of debts in Russian Railways. Russian media reported it.
Expenditures on the development of strategies in the ports of the European part of the Russian Federation are almost frozen.
The investment program of the transport monopoly, which covers, in particular, the costs of capital construction, will decrease by 37% in 2025.
From $12 billion (1.3 trillion rubles), capital expenditures of Russian Railways will be reduced to $8 billion (834 billion rubles), while almost the entire amount will go to support the company’s current activities.
The main problems for Russian Railways are debt and constantly rising interest rates. In particular, by mid-2024, the total debt of Russian Railways will reach $24 billion (2.54 trillion rubles), and by 2025, the company’s debt may increase to $37 billion (3.9 trillion rubles).
Therefore, next year Russian Railways will have to spend $6.62 billion (688 billion rubles) just for debt repayment.
Let’s remember that next year the military budget of the Russian Federation will reach 6.2% of the national GDP – the level of military dictatorships in Africa.
It was previously reported that Russia plans to increase defense spending by 2025. In particular, the Kremlin intends to spend more than 13 trillion rubles on military needs.
Source: korrespondent
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