Reduction of the oil and gas budget and 13.5 trillion rubles for defense: a draft federal budget for 2025-2027 was presented to the State Duma

Oil and gas revenues in 2025 will amount to 10.9 trillion rubles (5.1% of GDP), in 2026 – to 10.6 trillion rubles (4.6% of GDP), in 2027 – 9 .8 trillion rubles (3.9% of GDP). The decrease in revenue compared to 2024 values ​​(11.3 trillion rubles) “is mainly due to changes in the legislation regarding tax on mineral extraction and gas,” the explanatory note says.

For the “National Defense” section, 13.5 trillion rubles will be allocated in 2025, 12.8 trillion rubles in 2026 and 13.1 trillion rubles in 2027. Thus, military spending will amount to 6.31% of GDP Russian. Previously, the Ministry of Finance noted that the budget “provides important funds to strengthen the country’s defense capacity to ensure the objectives of the Northern Military District.”

Federal budget revenues in 2025 will amount to 40.3 trillion rubles (expenses – 41.5 trillion rubles), in 2026 – 41.8 trillion rubles (expenses – 44 trillion rubles), in 2027 – 43.2 trillion rubles (expenses – 45.9 trillion rubles).

The execution of the new federal budget is expected to be a deficit of 0.5% of GDP in 2025, 0.9% of GDP in 2026 and 1.1% of GDP in 2027. The main sources of financing the deficit will be public borrowing, while the volume of public debt will remain at a safe level.

The government’s priorities include the implementation of 19 national projects. A total of more than 18 billion rubles are allocated for its financing.