In Russia, state budget deficiency has grown for the fourth month of the next -following

Russian Federation’s oil revenues in January-Maya decreased by 14.4%-to 4.240 trillion rubles mainly due to a reduction in the average oil price.

The Russian Federation’s federal budget in January-May this year was conducted with a deficiency of 3.393 trillion rubles, or 1.5% of GDP. This was announced by the Russian Ministry of Finance on Tuesday, June 10.

It is indicated that in five months budget revenues increased by 3.1% to 14.732 trillion rubles. And the amount of costs increased by 20.7% to 18.125 trillion rubles.

Thus, the federal budget deficiency has grown in the four months in order.

At the same time, the oil and gas revenues of the Russian Federation in January -were reduced by 14.4% to 4.240 trillion rubles mainly due to a reduction in the average oil price.

“Receipts of oil and gas revenues in January -this year’s developed at a level that exceeds their primary size, however, there are risks of reducing them due to the weakening of the price situation,” the Ministry of Finance mentioned.

Currently, the agency predicts the value of unspecified oil and gas income in 2025 for 447 billion rubles. They plan to bring them from the National Welfare Fund (FNB).

Earlier it was found that the Russian FNB continued to dissolve. According to the May results, its size reduced to 11.7 trillion rubles – at least since 2019. In fact, available funds have been reduced further.

Remember that the state of the state of the Foreign Economy of the Russian Federation, published by Ukraine’s Foreign Intelligence Service indicates that Russia could “eat” federal tax services in 2026 due to the rapid reduction of oil revenues.

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