Russian President Vladimir Putin signed the law “On the federal budget for 2025 and the planning period of 2026 and 2027”. The document was officially published portal legal proceedings.
In 2025, the country’s budget revenues are planned to be 40.296 trillion rubles. A higher income is predicted in the next two years: 41.84 trillion rubles and 43.154 trillion rubles, respectively.
Next year’s expenses are calculated at 41.469 trillion rubles. According to forecasts, in 2026 it will be 44.022 trillion rubles, and in 2027 it will be 45.915 trillion rubles.
According to the document, the federal budget deficit in 2025 will be 1.173 trillion rubles. In 2026, the fiscal deficit is expected to be 2.181 trillion rubles, and in 2027 it is expected to be 2.761 trillion rubles.
According to calculations, as of January 1, 2026, the upper limit of the country’s domestic public debt will be 29.385 trillion rubles. It is expected to increase to 34.046 trillion rubles and 39.004 trillion rubles in the next two years, respectively.
The upper limit of external public debt was stated as 61.1 billion dollars on January 1, 2026, 59.2 billion dollars on January 1, 2027, and 56.5 billion dollars on January 1, 2028.
In addition, the estimated gross domestic product (GDP) is also calculated in the law. It is expected to grow by 2.5% in 2025 (volume 214.575 trillion rubles), 2.6% in 2026 (230.568 trillion rubles) and 2.8% in 2027 (248.313 trillion rubles).
The document also includes information about inflation. Financiers expect it to be 4.5% next year and 4% in 2026 and 2027.
Federal budget law of November 27, 2025-2027 approved Federation Council.
Putin before named Small budget deficit for 2025-2027.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.