kremlin IN PANIC: NO MONEY FOR THE russia ARMY Vlog 1238: War in Ukraine (video commentary)

11/24/2025

The Russian government has made “difficult decisions” to raise taxes because all state financial reserves that previously allowed the budget to balance have been exhausted. As reported by RIA Novosti, Deputy Finance Minister Vladimir Kolychev stated that over the past six years the expenditure side of the budget has grown from 16.6% of GDP to 19.7% of GDP, including due to defense spending, whose share has reached 30% of the budget — a record since Soviet times. At the same time, revenues relative to the size of the economy have decreased — from 18.4% of GDP to 17.1% of GDP. These are mainly oil and gas revenues, and this gap has widened over the past six years,” Kolychev noted.