Russia’s budget law for 2025 was planned by a deficiency of 1.173 trillion rubles, or 0.5% of GDP. That is, the indicator for January exceeds the annual plan.
Russia’s federal budget in January was made with a record shortage of 1.706 trillion rubles, or 0.8% of GDP. This was proven by the data of the Russian Ministry of Finance on Tuesday, February 11.
At the same time, the federal budget deficit in January 2024 costs “only” 124 billion rubles, or 0.1% of GDP.
The Ministry of Finance explains the level of deficiency in the first month of the year, mainly leading the funding of costs within the first quarter, noting that it seems to be “not affecting the quarterly trajectory and the implementation of the target balance of the The structural balance for 2025 in total.
Russia’s budget law for 2025 was planned by a deficiency of 1.173 trillion rubles, or 0.5% of GDP. That is, the indicator for January exceeds the annual plan.
Remember that 2024 Russia completed a recorder of record budget at the level of 3.5 trillion rubles. The Russian Federation’s oil and gas revenue increased by 26%, to 11.1 trillion rubles, but the expected level did not reach, which increased the deficiency.
As you know, the war that Russia released against Ukraine negatively influenced the lives of nearly half of the citizens of the Russian Federation – 47.6%. This has been proven by the data of a sociological survey conducted by the Institute of Social and Political Studies of the Russian Academy of Sciences.
Source: korrespondent
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