Thanks for a fascinating article, for when one actually reads past the title....
"Its revenue for the first nine months is set to fall by 20.5% to 6.62 trillion roubles, the calculations show. .... [ in the very next sentence ] "Month on month, September's oil and gas revenue is set to rise by 17%, according to Reuters estimates...."And the whole is sourced as "Reuters calculations show."
They must be correct, because Reuters is never, ever wrong. They cannot be wrong, because Reuters is reporting about Reuters estimates.
Neocon lies! Russia stronk!
“Its revenue for the first nine months is set to fall by 20.5% to 6.62 trillion roubles, the calculations show. .... [ in the very next sentence ] “Month on month, September’s oil and gas revenue is set to rise by 17%, according to Reuters estimates....”
These estimates don’t take into account the reduced production capacity, which no double will increase from the estimated 30% over the next couple of months.
BTW, 6.62 trillion Rubbles equals about $80 billion on a good day.
Russia to Boost Military Spending to 40% of State Budget in 2025 – Bloomberg
Sep. 24, 2024
The Moscow Times
September 24, 2024
Maxim Shipenkov / EPA / TASS
Russia plans to boost defense spending to 13.2 trillion rubles ($142 billion) in 2025 from 10.4 trillion rubles projected for this year, Bloomberg reported Monday, citing draft budget proposals it had seen.
That increase would represent 6.2% of Russia’s projected GDP, a historically high figure as the war in Ukraine shows little sign of ending anytime soon. Likewise, defense and national security spending would account for 40% of total government expenditures in 2025, surpassing the combined allocations for education, healthcare, social policies and the national economy, according to Bloomberg.
At the same time, Bloomberg reported that 30% of the 2025 budget — 12.9 trillion rubles — is allocated for classified or unspecified items, an increase from 11.1 trillion rubles in 2024.
So the military budget is twice the amount they earn in oil and gas revenue. That math is not going to get them very far over the long term.