Recently, Russian authorities have reported a critical state budget deficit. Expert Ivan notes that, for the first time, the liquid part of the Russian National Welfare Fund has become smaller than the actual budget deficit. The current deficit stands at 4.9 trillion rubles, while liquid reserves are at 4 trillion. Some forecasts suggest the deficit may exceed 8 trillion rubles by year’s end.
These figures, confirmed by official sources rather than opposition ones, are causing alarm within Russia’s Ministry of Finance and Ministry of Economy. The main factor is military spending and an underperforming defense industry.
The interview highlights growing tension within the Russian government between the security bloc and the 'economic tower,' which now advocate reducing war expenditures. Even major bankers have publicly supported cuts in military spending. If trends continue, the government may have to consider unpopular steps such as tax hikes, cutting social spending, seizing citizens’ bank funds, or initiating new money printing—moves likely to drive inflation higher.
The account references intensifying struggles among Kremlin factions over the nation’s finances and strategic direction. Experts predict this power struggle could escalate before the year ends, potentially triggering a political crisis or even state disintegration if financial policies do not change.
