
08/08/2025
🚨 BREAKING NEWS: Russia’s federal budget deficit is spiraling out of control — blowing past the government’s entire annual target in just seven months of 2025. 📉
According to official data, the shortfall has hit 4.9 trillion rubles (about $61 billion) between January and July — already exceeding the planned 3.8 trillion rubles for the whole year.
📌 What’s driving the surge?
Military and security spending continues to soar.
Oil & gas revenues — a key source of income — have plummeted up to 27% year-on-year due to lower prices and a stronger ruble.
Government spending is up nearly 21%, while revenue growth is lagging far behind.
July alone added 1.2 trillion rubles (~$15 billion) to the deficit, with no signs of the gap closing anytime soon.
DocuNews Central has fact-checked this — and the numbers are confirmed by Russia’s own Finance Ministry.
💬 What do you think this means for Russia’s economy and global markets? Share your thoughts below.
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