The Russian Federation government is considered to be the possibility of a budget sequestra for 2026, and military spending will remain a problem.
Russia’s federal budget faced the collapse of raw materials and an increase in deficiency for the third month in succession. This is stated in a report by the Ministry of Finance of the Russian Federation, Moscow Times report
According to April results, 1.08 trillion rubles from oil and gas were received in the state treasury – 12% less than the same month last year. The accumulated total for four months, fees from oil and gas companies faded by 10%, or 430 billion rubles, up to 3.76 trillion.
The total volume of budget revenues, including non -Resource taxes, costs 5%, up to 12.3 trillion rubles. The costs, the third which this year were laid in the army and war, lasted 20%, up to 15.5 trillion.
By the end of April, a deficiency of 3.23 trillion rubles was formed on the budget, which by 183% exceeded the indicator in the first four months of last year (1.14 trillion). And without the true provision of tax income, every fifth ruble spent by the government became (20.8% of the budget).
At oil prices, it seems, “the most -Calyptic forecasts are implemented,” MMI analysts wrote. In real terms (considering inflation), Urals are worth a cheap record with pandemia, and consider an abnormally strong ruble, its ruble price in April fell to 4.4 thousand rubles per barrel.
According to Bloomberg, the government considers the possibility of a budget-201 budget sequestra, however, military costs remain a problem eating every third ruble in the treasure ark and are not subject to reduction.
The Ministry of Finance of the Russian Federation is uncertain to compensate for oil and gas failure due to non -resource taxes: the forecast for them over a year has increased by 829 billion rubles. The budget has about two -day income tax increases (up to 4 trillion rubles), but companies’ income has decreased, and part of the unprofitable businesses is growing -up to 25.5% following last year’s results, according to Rosstat.
As we have already written, the Russian Ministry of Finance has increased its budget shortage of 2025 to 1.7% of GDP from the previously expected 0.5% in the middle of a long period of low oil and gas prices.
In Russia, a slowdown of the economic record was recorded
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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.