The greatest decrease was observed with oil and gas revenues on the Budget of the Russian Federation, worth 5.2 trillion rubles – the fall accelerated by 18.5% in the annual terms.
According to January-July results of 2025, Russia’s federal budget was completed with a deficiency of 4.9 trillion rubles, which significantly exceeded the annual landmark of 3.8 trillion rubles. This is proven by initial estimates of the Ministry of Finance of the Russian Federation, report The Moscow Times.
In particular, in July, the deficiency increased by 1.2 trillion rubles. The revenues for a month cost 2.7 trillion rubles, while the costs are 3.9 trillion rubles, which significantly exceeds June (3.2 trillion rubles).
In seven months, 25.2 trillion rubles were spent from the budget from 42.3 trillion rubles planned for a year. Whereas in December it is traditionally expected to survive.
To return to planned indicators, from July to November the Budget of the Russian Federation must reach a significant excess, analysts explained.
Within seven months, Russian budget revenues grew only 2.8%, while costs were 20.8%. In real size, the income is even reduced. Oil and gas revenues worth 5.2 trillion rubles are most interrupted – the collapse accelerates to 18.5% in the annual size (compared to 16.9% per half years). The reason is to reduce oil prices and strengthen the ruble.
Due to the collapse of oil and gas revenues, the Russian Federation government has been prepared for the second time this year to check the budget-in September, with the draft budget for the next “three-year-old” will make adjustments to the current budget.
At the same time, experts expect to increase the country’s budget shortage – from 5 to 9 trillion rubles.
Meanwhile, Ukraine’s Foreign Intelligence Service confirms that revenues in the Russian Federal Budget from the oil and gas sector in January-July 2025 have been reduced by 19 % compared to the same period last year-to $ 69.2 billion.
Thus, the average Urals oil price reduced by 18.4 % to $ 60.37 per barrel. At the same time, the ruble from the beginning of the year was boosted by 45 %, from 113.71 to 81.25 per US dollar. The gas supply to the EU fell 50 % – up to 9.93 billion m³.
Intelligence emphasized that lowering energy revenues will emphasize the increase in Russian economic weakness at external pressure.
“To pay for the deficiency, the Russian Federation plans to more actively use National Welfare Fund funds and reduce budget articles to supply war against Ukraine,” the report explained.
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 a review of the foreign economic state of the Russian Federation, published by Ukraine’s Foreign Intelligence Service, suggests that Russia can “eat” FNB by 2026 due to rapid reduction of oil revenues.
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
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.