From: Anna From Ukraine 🇺🇦 Vlog 1160: War in Ukraine
Russia’s federal budget deficit is continuing to grow rapidly, already surpassing the target set for the entire year. In July alone, the deficit rose by RUB 1.2 trillion (approx. US$15 billion), bringing the total for the first seven months of 2025 to RUB 4.9 trillion (approx. US$61 billion) – far above the full-year target of RUB 3.8 trillion (approx. US$47 billion). While economists view this as substantial, Russia’s Finance Ministry insists it is spending according to plan.
Voice of Ukraine 