The negative balance of the Kremlin ark was the result of a criminal war against Ukraine, which was introduced against the Russians of economic economic penalties, as well as the collapse of oil prices in the world.
Kremlin financiers have been able to budget the Russian Federation budget deficit for 2025 – up to 1.7% of GDP, or more than 3.7 trillion rubles (about $ 45 billion). It is the result of war, penalties and the collapse of oil prices. This was reported by the main director of Intelligence of the Ministry of Defense on Friday, May 2.
In the updated Macro -Prognosis, the Ministry of Finance of the Russian Federation also reduced the expected cost level of a barrel of oil from $ 69.7 to $ 56, and the inflation rate increased from 4.5% to 7.6%.
“However, in reality, and not in Kremlin’s papers, the rate of inflation in the Russian Federation exceeded 10%,” the GUR emphasized.
Under inflationary pressure, the power of Russia’s population purchase continues to fall.
While the destruction of financial and economic situation against the back of a war against Ukraine forces Russian power to strengthen tax pressure within the country.
The GUR recalled that in 2024 the Budget of the Russian Federation was matching several times. The initial deficiency of 0.9% of GDP rose to 1.7% of the end, which became a hole of 3.485 trillion rubles (over $ 42 billion).
“In the fall of 2025, the Kremlin is planning the next” amendment block “on the budget – it seems that hiding deepening financial and economic problems in Moscow is especially difficult,” the report added.
Remember that Russia ended last year with a note in recent years by a budget shortage, worth 3.5 trillion rubles.
The Russian Ministry of Finance increased the forecast of the budget deficit of 2025 to 1.7% of GDP which had previously been expected 0.5% against a long period of low oil and gas prices. The forecast for oil and gas revenue reduced by 24% to 8.32 trillion rubles ($ 101.47 billion).
Russia’s economy frozen: the “bloated” military -industrial complex does not save
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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.