Russia simply won't be able to pay pensions and salaries: when will this happen

Russia simply won't be able to pay pensions and salaries: when will this happen? Anzhelika Galesevich

The collapse of the Russian economy is near. The funds from the National Welfare Fund will last until the first half of 2025 at most. Let's somehow get through July and August, but then the problems will start.

It is quite possible that Russia will not be able to pay pensions and salaries from September. In more detail, Ivan Us, a candidate of economic sciences and chief consultant of the National Institute for Strategic Studies, explained this to Channel 24.

Russia may not have enough so-called funds for a “rainy day”

Ivan Us doubts that Russia will not be able to pay salaries and pensions in the first half of 2025, but from July it is quite possible.

At the end of September, the remainder of the liquid part of the National Welfare Fund, the so-called funds for a “rainy day”, amounted to 5.2 trillion rubles.

At the same time, the deficit in the Russian budget, planned for 2024, will amount to 3.3 trillion rubles. Considering that Russia has little income to cover this figure, funds will also be taken from reserves.

We can safely imagine that 1.9 trillion rubles will remain out of 5.2. They will be completely enough for the first half of 2025 to pay pensions and other payments. Then serious problems may begin, – noted the candidate of economic sciences.

If the situation is good, Russia may still be able to easily get through July – August. At the same time, starting in September, it is unlikely that there will be enough funds to cover all whims.

In addition, provided that military spending is maintained, it will really be necessary to stop paying pensions and salaries. Russian society tolerates many things, so it is interesting to see if it will “swallow” this too.

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