Call to Strengthen Sanctions
Ukrainian Foreign Minister Andriy Sybiga urged Western partners to strengthen sanctions against Russia due to the recession in the aggressor's economy. According to him, the federal budget deficit of Russia for January-November 2025 amounted to a record $54 billion, and it is expected to exceed $70 billion by the end of the year. Meanwhile, the consolidated deficit of Russian regions reached -$1.5 billion.
An important factor affecting the budget is the fall in oil and gas revenues, which decreased by 34% in November 2025 compared to November 2024. There is also a budget shortfall of $3.5 billion due to decreased energy revenues. Andriy Sybiga noted that Moscow is forced to raise taxes, including increasing VAT, as well as cutting subsidies for small and medium-sized businesses.
Economic Pressure on Russia
Only 20% of the Russian military-industrial complex is under sanctions, which, according to Sybiga, creates opportunities for further strengthening economic pressure. He urged Western countries to unite their efforts, stating:
'Together we can absolutely stop the Russian war machine by cutting off its fuel. Let's do it now.' Andriy Sybiga
Andriy Sybiga's statement reflects the deep concern of the Ukrainian government regarding the economic situation in Russia and its impact on the aggressor's military capabilities. The growing budget deficit and declining revenues from energy resources may indicate serious problems in the Russian economy, which, in turn, could affect its ability to continue military actions. Strengthening sanctions could be an important step in reducing the financial capabilities of the Kremlin, however, its effectiveness will depend on the unity of action among Western countries.