“At the plenary session on Thursday, November 21, the State Duma approved the law on the budget for 2025-27 in the third, final reading.”, — write: www.epravda.com.ua
At the plenary session on Thursday, November 21, the State Duma approved the law on the budget for 2025-27 in the third, final reading
About this writes edition of The Moscow Times.
In accordance with documentnext year the Russian government intends to increase the funding of the army again and for the first time in many years plans to reduce nominal spending on social support of citizens.
The article “social policy”, which includes the costs of pensions and benefits, will decrease from 7.73 trillion rubles this year to 6.49 trillion. In 2026, social expenses will increase to 7.19 trillion rubles, and in 2027 – to 7.2 trillion.
The money saved goes to the military budget, the share of which in treasury expenditures will set a new record since Soviet times – 32.5%.
For comparison: in the first year of the war with Ukraine, defense costs amounted to 17% of the budget, in 2023 – 19%, in the current year – 29.5%.
In 2025, Russia plans to spend a record 13.5 trillion rubles on defense. In 2026 – 12.8 trillion, and in 2027 – 13.1 trillion. Compared to the current year, expenses in 2025 will increase by 25%, compared to 2023 – twice, and if compared with pre-war 2021 – they will be almost 4 times more.
The military budget will reach 6.2% of the national GDP. At the same time, almost every third ruble will be spent on classified articles.
The government will allocate another 3.46 trillion rubles to the article “national security”, which includes the budgets of the police, the Russian Guard, the Investigative Committee, special services and other law enforcement agencies. In total, the army and security forces will “eat” 40% of the federal budget, or 16.9 trillion rubles.
Education budget expenditures will not change much: 1.57 trillion rubles next year against 1.54 trillion in the current year. And the funding of propagandistic state media will rise to a new record: they will receive 137.2 billion rubles – 13% more than in 2024.
We will remind:
The Central Bank of Russia made a decision raise the key rate immediately by 2 percentage points – up to a record 21% per annum.
Food products in Russia next year can become more expensive by another 8-20% due to general inflation, growing transport costs and the high key rate of the Central Bank of the Russian Federation.