Putin approves federal budget for 2025-2027

NAMPA / Xinhua

2024-12-01

MOSCOW, Dec. 1 (Xinhua) -- 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 (378.5 billion U.S. dollars), while expenditures are expected to amount to over 41 trillion rubles (390 billion dollars), resulting in a deficit of 0.5 percent of GDP,......

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