Don’t call me a doomer, but it’s never been more over for Russia. The libs really are back. 2025 budget looking real bad…
The budget received 48 billion rubles from privatization in nine months
"Based on the results of the first 9 months of 2024, federal budget revenues from the privatization of federal property totaled 48 billion rubles. The size of the final revenues will depend on fluctuations in the market situation and the level of investment activity," the report says.
At the same time, the budget law for 2024 sets privatization revenues at around 1 billion rubles.
However, in March of this year, Russian Finance Minister Anton Siluanov stated the need to adjust this plan - the financial department believes that in 2024, budget revenues from privatization should amount to at least 100 billion rubles.
As follows from the explanatory note to the draft federal budget for a three-year period, the Russian budget revenues from the privatization of federal property in 2025-2027 are expected to be a little over 7 billion rubles in total, 2.4 billion rubles annually.
These libs are really going to undo everything that the Cabinet of Ministers have been doing over the past two years.
I will write more in the coming days, but the Central Bank is now forecasting that economic growth in 2025 will be slowed to 1.5-1.7% - that’s practically no growth at all. The financial sector has made a comeback, and the real sector is going to be sacrificed.
Last summer, Deputy Chairman of the Central Bank Alexey Zabotkin openly stated that while the Cabinet of Ministers subsidizes the economy with the help of preferential programs, the Central Bank will tighten monetary policy in response.
An open declaration of war by the Central Bank libs against the Russian government. A year later, it’s very clear who now has the upper hand.
Remember when not too long ago the Turkish Bayraktar TB2 drones were hailed by internet military nerds as some kind of wunderwaffe that would change the face of future warfare?
lol I wonder why we haven’t heard about that name in quite some time.