Russia drives the war. Expects less influence

This is an additional burden on the budget Russiawhich already incurs a lot of defense expenses in connection with the invasion of Ukraine – the Reuters agency pointed out.

She added that the president USA Donald Trump He stated that this year lower oil prices can help end War in Ukraine.

The agency explained that she saw a document of macroeconomic forecasts on which the state budget is based and it follows that in 2025 Russia's profits from the sale of oil and gas will be $ 200.3 billion. It's 15 % less than in 2024, when it was $ 235 billion. It is also less in the September forecasts.

The Russian government expects to earn $ 220.4 billion in 2026, $ 231 billion in 2027 and $ 244.1 billion in 2028, which means a 4 % decrease, respectively. and an increase of 1.1 percent and an increase of 2.6 percent compared to previous estimates.

Reuters reported that Revenues from the sale of oil and gas constitute about one third of the revenues of the Russian state budget.

The Ministry of Economy has already lowered oil price forecast for 2025 by almost 17 %, and the Russian central bank warned in April that the prices of raw material may remain low for several years.

Ural oil prices fell to the lowest level in April from 2023, amounting to around $ 53. For the barrel, and last week were listed below $ 60.

The ministry also reduced the forecast regarding the production of Russian oil in 2025 to 516 million tons (10.32 million barrels a day), which is a result unchanged in terms of year -on -year and lower than an earlier forecast of 518.6 million tons – results from the document.

In turn, gas exports with pipelines, which collapsed after the invasion of Ukraine in 2022, will increase in 2025 to 89.1 billion cubic meters compared to 80.6 billion m3 in 2024 and 69.3 billion m3 in 2023, “Reuters said.