Record budget deficit of Russia: why the war in Ukraine costs the Kremlin $68 billion.

According to inkorr.com: Russia has recorded the largest budget deficit in the entire history of the full-scale war with Ukraine, according to the Center for Countering Disinformation.

Expectations for 2025

According to forecasts, by the end of 2025, the deficit may amount to 5.7 trillion rubles (about $68 billion), which is almost twice the previously voiced estimates. The main reason for this situation is the decline in revenues, especially in the oil and gas sector, while military spending remains unchanged. The government is trying to balance the budget by raising taxes, introducing new fees for enterprises, and planning to increase the national debt.

'Despite the economic difficulties and the huge budget deficit, the Kremlin continues to sacrifice the stability of its own state and its prospects for conducting aggressive war against Ukraine. The economy cannot bear the enormous costs of war, and the numbers confirm this. Resources are being exhausted, yet the Kremlin continues to invest all efforts into waging war, leading to serious economic problems in Russia,' the Center noted.

Conclusions

Thus, the record budget deficit caused by falling revenues and ongoing military expenditures may lead to serious economic problems for Russia in the future. These changes threaten the stability of the country's economy and point to the consequences of military aggression that may affect the overall living standards of the population.