An increase in budget deficiency against the background of military expenditures and penalty pressure improves financial risks for the Russian economy.
Russia’s federal budget for January-February 2025 Completed in A deficiency of 3.8 trillion rublesthat significantly exceeds previous marks. This was reported by the Federal Treasury of the Russian Federation.
So, budget revenues for this period are worth 3.9 trillion rubleswhile cost – 7.76 trillion rubles. At the same time The Ministry of Finance of the Russian Federation Previously predicted a deficiency 2.7 trillion rubles and evaluated the income to 5.3 trillion rublesand costs – to 8 trillion rubles.
The reasons for the differences -It
The main difference in the calculations of the Ministry of Finance of the Russian Federation and the Treasury is explained Various Accounting Income Strategies. The Ministry of Finance is considering -Aid payments that come to Created Tax AccountHowever, some of them have been credited in March since the weekend by the end of February.
The financial situation in the Russian Federation has worsened
An increase in Russian Federation’s budget deficiency against the background Spending military and sanction pressure Improved financial risks for the Russian economy.
In 2024, the budget deficit has exceeded the predicted indicators, and its tendency to growth continues.
Note that according to the results of February, Russia’s federal budget was performed with a deficiency of 2.7 trillion rubles, or 1.3% of GDP.
We added that Russia has completed 2024 with a record budget 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.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.