Russian President Vladimir Putin has officially approved the country’s federal budget for 2025–2027, signaling a roadmap that balances social welfare with military priorities. With projected revenues of 40.3 trillion rubles ($378.5 billion) in 2025 and a modest deficit of just 0.5% of GDP, the plan aims to stabilize Russia’s economy amid global uncertainties. 💸
Breaking Down the Numbers
Russia’s GDP is expected to grow from 214.5 trillion rubles ($2.02 trillion) in 2025 to 248.3 trillion rubles ($2.33 trillion) by 2027. Inflation targets—below 4.5% next year and 4% afterward—hint at efforts to keep living costs in check. But where’s the money going? 🧐
Budget Priorities Explained
Over 21 trillion rubles ($197.3 billion) will fund social policies like healthcare and education, while defense and law enforcement get a combined 14 trillion rubles ($131.5 billion). Another 14 trillion rubles is earmarked for tech innovation and infrastructure, aiming to boost Russia’s self-reliance in critical industries. 🛡️🚀
Analysts note the budget reflects Russia’s focus on balancing domestic needs with geopolitical ambitions. For young professionals tracking global markets, this three-year plan offers clues about investment opportunities and economic stability in Eurasia. 🌍💼
