{"id":196434,"date":"2026-08-30T16:04:13","date_gmt":"2026-08-30T16:04:13","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/196434\/"},"modified":"2026-08-30T16:04:13","modified_gmt":"2026-08-30T16:04:13","slug":"rusku-v-dubnu-chybela-likvidita-velke-skrty-zpomalily-prohlubovani-deficitu","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/196434\/","title":{"rendered":"Rusku v\u00a0dubnu chyb\u011bla likvidita, velk\u00e9 \u0161krty zpomalily prohlubov\u00e1n\u00ed deficitu"},"content":{"rendered":"

V\u00fdrazn\u00e9 \u0161krty byly zavedeny pot\u00e9, co ministr financ\u00ed Anton Siluanov varoval v\u00a0dubnu premi\u00e9ra Michajla Mi\u0161ustina, \u017ee bez \u0161krt\u016f nebude dost prost\u0159edk\u016f na uhrazen\u00ed v\u0161ech v\u00fddaj\u016f v\u00a0term\u00ednu. Feder\u00e1ln\u00ed rozpo\u010det je nyn\u00ed v\u00a0deficitu 5,5\u00a0bilionu rubl\u016f (1,3\u00a0bilionu korun). Informace ale nen\u00ed ve\u0159ejn\u00e1, napsala agentura Bloomberg<\/a>.<\/p>\n

Rozs\u00e1hl\u00e9 \u0161krty ve v\u00fd\u0161i 35\u00a0procent se t\u00fdkaly cel\u00e9 \u0159ady oblast\u00ed. Vy\u0148aty z\u00a0nich byly v\u00fddaje na v\u00e1lku, platy voj\u00e1k\u016f a\u00a0zam\u011bstnanc\u016f ve\u0159ejn\u00e9ho sektoru nebo soci\u00e1ln\u00edch program\u016f a\u00a0obsluhy st\u00e1tn\u00edho dluhu.<\/p>\n

Feder\u00e1ln\u00ed \u00fa\u0159ady se maj\u00ed p\u0159ipravit na propu\u0161t\u011bn\u00ed sv\u00fdch zam\u011bstnanc\u016f, jejich stavy by m\u011bly sn\u00ed\u017eit o\u00a015\u00a0procent. Odlo\u017eit maj\u00ed tak\u00e9 v\u0161echny v\u00fddaje, kter\u00e9 nejsou nutn\u00e9.<\/p>\n

Propad deficitu rozpo\u010dtu zpomalil <\/a><\/p>\n

\u00dasporn\u00e1 opat\u0159en\u00ed zat\u00edm Rusku pomohla odvr\u00e1tit rychl\u00e9 prohlubov\u00e1n\u00ed deficitu, kter\u00e9 hrozilo v\u00a0dubnu. Intern\u00ed odhady p\u0159edpov\u00eddaly, \u017ee rozpo\u010dtov\u00fd deficit do konce \u010dervna dos\u00e1hne 9\u00a0bilion\u016f rubl\u016f, co\u017e p\u0159edstavuje 3,8\u00a0% HDP. Pl\u00e1nov\u00e1n byl pro leto\u0161ek na \u00farovni 1,6\u00a0procenta HDP, nyn\u00ed je na 2,8\u00a0procenta. Predikce pro p\u0159\u00ed\u0161t\u00ed rok\u00a0po\u010d\u00edtaj\u00ed s\u00a0rozp\u011bt\u00edm 3,2\u00a0a\u00a03,8\u00a0procenta, co\u017e by odpov\u00eddalo deficitu z\u00a0doby covidu.<\/p>\n

I kdy\u017e probl\u00e9my s\u00a0likviditou za\u010daly u\u017e na po\u010d\u00e1tku roku 2026, vyvrcholily v\u00a0dubnu navzdory tomu, \u017ee rusk\u00e9 p\u0159\u00edjmy z\u00a0ropy stouply na \u0161estim\u011bs\u00ed\u010dn\u00ed maximum.<\/p>\n

\u201eV\u00e1lka na Ukrajin\u011b naru\u0161ila obvykl\u00fd pr\u016fb\u011bh rozpo\u010dtov\u00e9ho roku. P\u0159ed invaz\u00ed v\u00a0roce 2022\u00a0feder\u00e1ln\u00ed rozpo\u010det po v\u011bt\u0161inu roku vyb\u00edral v\u00edce, ne\u017e kolik utr\u00e1cel. Nyn\u00ed m\u00e1 od za\u010d\u00e1tku roku tendenci vykazovat velk\u00e9 deficity,\u201c uvedla ekonomka Bloombergu pro Rusko, st\u0159edn\u00ed a\u00a0v\u00fdchodn\u00ed Evropu Jekat\u011brina Vlasovov\u00e1.<\/p>\n

Podle n\u00ed vznikl probl\u00e9m s\u00a0t\u00edm, \u017ee rozpo\u010det po\u010d\u00edtal s\u00a0odli\u0161n\u00fdm v\u00fdvojem cen ropy. Po\u010d\u00edtal t\u00e9\u017e se slab\u0161\u00edm rublem, co\u017e sn\u00ed\u017eilo p\u0159\u00edjmy v\u00a0rublech.<\/p>\n

Rusko nen\u00ed zvykl\u00e9 na deficity<\/p>\n

K nedostatku likvidity p\u0159isp\u011blo tak\u00e9 to, \u017ee \u201eministerstvo financ\u00ed v\u00a0r\u00e1mci \u0159\u00edzen\u00ed likvidity tradi\u010dn\u011b investovalo do\u010dasn\u00e9 voln\u00e9 prost\u0159edky do r\u016fzn\u00fdch finan\u010dn\u00edch n\u00e1stroj\u016f, co\u017e byla po des\u00edtky let standardn\u00ed procedura,\u201c uvedl b\u00fdval\u00fd n\u00e1m\u011bstek ministra financ\u00ed Oleg Vjugin. Z\u00e1porn\u00e9 saldo rozpo\u010dtu je n\u011bco, s\u00a0\u010d\u00edm nem\u011bli zku\u0161enosti, proto\u017ee vl\u00e1da po mnoho let udr\u017eovala z\u016fstatky v\u00a0hotovosti v\u00a0kladn\u00fdch \u010d\u00edslech, aby platby prob\u00edhaly hladce.<\/p>\n

Automatick\u00e9 n\u00e1kupy deviz podle ceny barelu ropy neumo\u017e\u0148uj\u00ed Rusku pru\u017en\u011b reagovat na deficit a\u00a0na kol\u00eds\u00e1n\u00ed sm\u011bnn\u00e9 hodnoty rublu. <\/p>\n

I kdy\u017e situace p\u0159edstavuje pro vl\u00e1du obt\u00ed\u017ee, nen\u00ed kritick\u00e1, proto\u017ee rozpo\u010det m\u016f\u017ee financovat v\u00fddaje na v\u00e1lku je\u0161t\u011b n\u011bkolik let, \u0159ekly agentu\u0159e Bloomberg obezn\u00e1men\u00e9 osoby.<\/p>\n

Pen\u00edze ale doch\u00e1zej\u00ed, vy\u010derp\u00e1v\u00e1 se fond blahobytu, ze kter\u00e9ho se od po\u010d\u00e1tku invaze \u010d\u00e1ste\u010dn\u011b plat\u00ed v\u00e1le\u010dn\u00e9 dobrodru\u017estv\u00ed a\u00a0zbrojn\u00ed v\u00fdroba. V\u00a0\u010dervenci klesl na 9,24\u00a0miliardy z\u00a0\u010dervnov\u00fdch 159,3\u00a0miliardy. Loni \u010dinilo minimum 46,23\u00a0miliardy.<\/p>\n

Rusku nav\u00edc hroz\u00ed dal\u0161\u00ed probl\u00e9my, proto\u017ee Kreml st\u00e1le v\u00edce spol\u00e9h\u00e1 na drah\u00e9 dom\u00e1c\u00ed p\u016fj\u010dky, aby mohl financovat v\u00e1lku.<\/p>\n

<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"V\u00fdrazn\u00e9 \u0161krty byly zavedeny pot\u00e9, co ministr financ\u00ed Anton Siluanov varoval v\u00a0dubnu premi\u00e9ra Michajla Mi\u0161ustina, \u017ee bez \u0161krt\u016f…\n","protected":false},"author":2,"featured_media":196435,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[11],"tags":[8462,45217,137,61,9134,54,56,53,52],"class_list":["post-196434","post","type-post","status-publish","format-standard","has-post-thumbnail","category-svet","tag-deficit","tag-likvidita","tag-rozpocet","tag-rusko","tag-skrty","tag-svet","tag-valka-rusko-ukrajina","tag-world","tag-world-news"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/117185312834904701","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/196434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=196434"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/196434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/196435"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=196434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=196434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=196434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}