Ukraine’s National Debt Will Exceed 110% of GDP, Global Debt Will Reach Historic High
According to the updated forecast from the International Monetary Fund, global national debt could exceed 100% of the world's GDP…
GDP
Russia’s Economic Growth Nearly Stopped Due to Sanctions and Export Reductions
The economy of the Russian Federation is significantly slowing its growth rate amid sanctions pressure and declining export revenues. After…
Ukraine Spends a Record 31% of GDP on Defense — Highest Rate in the World
Ukraine allocates about 31% of its gross domestic product to defense, currently the highest level in the world. This information…
IMF Demands Ukraine to Decriminalize the Economy: Over 30% of GDP in the Shadow
The International Monetary Fund has urged Ukraine to intensify measures to reduce the shadow economy, which, according to government estimates,…
Russia’s Budget Deficit in 2025-2027 Will Reach $145 Billion: Ministry of Finance Increases Borrowing
According to forecasts by analysts surveyed by the Central Bank of Russia, the total deficit of the consolidated budget of…
Ministry of Economy and National Bank Release Different GDP Growth Forecasts for Ukraine in 2025
The forecasts for Ukraine's economic development in 2025 significantly differ between the Ministry of Economy and the National Bank of…
Russian Defense Industry Loses Technological Potential Due to Record Military Spending and Sanctions
Russia plans to allocate 6.3% of its gross domestic product to fund the war against Ukraine in 2025. This figure…
Ukraine Will Allocate 26% of GDP to Defense in 2025, Need for External Assistance Will Exceed $40 Billion
The Ukrainian government plans to significantly increase funding for the defense sector in 2025. This was announced by Prime Minister…
Russia’s Budget Deficit Increased Fivefold in the First Half of the Year and Nearly Reached the Annual Plan
The federal budget of the Russian Federation faced serious pressure in the first half of 2025. According to official data…
Putin announces intention to reduce Russia’s military spending amid economic difficulties
The President of the Russian Federation, Vladimir Putin, announced the government's plans to reduce funding for the defense sector, which…