The report translates these sums into military equivalents: with such revenues, Russia could acquire up to 9.4 million 152 mm artillery shells (roughly three years at today’s 3 million-per-year output), about 270,000 Shahed-type attack drones, or 2,658 tanks.
Despite political pressure from President Donald Trump directed at key importers — India, Turkey, Hungary, and Slovakia — these countries are in no hurry to abandon Russian crude.
The Russian authorities are projecting for 2025 the lowest oil and gas receipts since the 2020 pandemic: softer commodity prices and a stronger ruble are “eating into” budget collections.
Brussels is preparing a controversial move: at this week’s summit in Copenhagen, leaders will discuss how to speed up Kyiv’s application and prevent a single veto from stalling the entire process.
The recovery was enabled by government support, settlement workarounds, and a shift from exports to the domestic market.
Ministry cuts GDP, investment, and demand outlooks—paving the way for a 22% VAT and a new low-growth normal.
The most significant changes are as follows: the value-added tax (VAT) will increase from 20% to 22% (the 10% rate for socially important goods is retained).
Kyiv can drive Russia out of Ukraine with Europe’s support, President Donald Trump declared.
After US President Donald Trump said NATO countries should shoot down Russian aircraft that violate their airspace, defense shares across Asia moved higher.
Preparation for the annual press conference and call-in show with the president is already underway.
