Putin approves federal budget for 2025-2027

Russian President Vladimir Putin approved the federal budget for 2025 and the planned period of 2026-2027, according to a document released on the legal-acts portal on Sunday.

Russia's revenues in 2025 are projected to reach about 40.3 trillion rubles, while expenditures are expected to amount to over 41 trillion rubles, resulting in a deficit of 0.5 percent of GDP. Key priorities outlined in the budget include fulfilling social obligations, ensuring national security and defense, advancing technological sovereignty, and developing infrastructure.