Russia is going to withdraw more money from some producers of raw materials and state-owned companies, as well as cut its non-war spending. As the cost of invading Ukraine grows ever greater.

In particular, the Russian government wants to receive large dividends from state-owned companies and a “one-time payment” from producers of mineral fertilizers and coal.. This is evidenced by the order of Prime Minister Mikhail Mishustin, which he signed in mid-December. The document ended up in the hands of Bloomberg journalists.

At the disposal of the Russian government, these measures are called " The document also provides for the allocation of an additional $2.4 billion for the deportation of 100,000 Ukrainians from Kherson to Russia.. Bloomberg sees this as an admission by the Kremlin that it will not be able to regain control of that part of the Kherson region, from which the Russian army retreated weeks after the illegal annexation..

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Russian budget under growing pressure as invasion of Ukraine drags on into next year. And the Russian economy is shrinking due to US and European sanctions. Dividends and tax payments from Gazprom helped maintain a budget surplus at the end of last year. But big government spending in December will put Russia's budget back in trouble.. More money needed to cover war-related costs, people with the knowledge told Bloomberg. According to them, Moscow has not yet decided on the amount of dividends or lump sum payments that the Kremlin wants to collect.. Because it will depend on the budget results for the whole of 2022.

Sources told Bloomberg that the Russian government will try to set dividends for state-owned companies at 50% of their revenues if possible.. At the same time, Vladimir Putin promised " Social programs are still the largest budget item.

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But funding for education and medicine in Russia has already been significantly reduced..

The publication writes that Mishustin thus wants to optimize budget spending, with the exception of military needs, in order to save an additional 150 billion rubles..

The Russian Ministry of Finance predicted last year that the budget deficit in the country would not exceed 0.9% of GDP. But now the department believes that the deficit in 2022 and 2023 will be about 2%. Overall, Russian spending reached 30 trillion rubles last year, which Finance Minister Anton Siluanov said was 27% more than planned..