Sustainability of regional budgets is beyond doubt
29 september 2025
The positive results of regional budgets execution for the first seven months of 2025 include maintaining an acceptable level of balance and debt burden. However, the situation is likely to deteriorate somewhat by the end of the year due to the continuing decline in income tax revenues and faster-than-expected growth in expenditures. To balance their budgets, regions may need either additional financial assistance from the federal government or a relaxation of restrictions (controls) to expand commercial borrowing.
Other issues «Monitoring of Russia is Economic Outlook»