Russian President Vladimir Putin signed the law on the federal budget of the Russian Federation for 2025. and the planning period 2026-2027. The document has already been published, TASS reported.
According to the law, the revenues of the federal budget in 2025 projected to be 40.296 trillion rubles /b.y. according to the exchange rate on December 1, 2024. one lev is exchanged for 57.93 rubles/, in 2026. - 41.84 trillion rubles in 2027 as well. - 43.154 trillion rubles. Spending in 2025 expected to be 41.469 trillion rubles, in 2026. - 44.022 trillion rubles, in 2027 - 45.915 trillion rubles. Thus, the federal budget deficit will amount to 1.173 trillion rubles in 2025, 2.181 trillion rubles in 2026. and 2.761 trillion rubles in 2027
The document also provides the expected GDP figures. In 2025 it is projected at 214.575 trillion rubles (an increase of 2.5%) in 2026. - 230.568 trillion rubles (an increase of 2.6%), in 2027. - 248.313 trillion rubles (an increase of 2.8%) .
The upper limit of the state domestic debt will be 29.385 trillion rubles on January 1, 2026, 34.046 trillion rubles in 2027. and 39.004 trillion rubles in 2028. The public external debt ceiling will be $61.1 billion (€55.5 billion) on January 1, 2026, $59.2 billion (€53.4 billion) on January 1, 2027. and $56 on January 1, 2028, (€50.9 billion).
Inflation in 2025 expected to be 4.5% in 2026. and 2027 - 4%.
The volume of the National Welfare Fund (according to the forecast at the beginning of the year) will be 11.055 trillion rubles in 2025. (5.2% of GDP), in 2026. - 12.883 trillion rubles (5.6% of GDP), in 2027 - 14.927 trillion rubles (6% of GDP).