It is true that Russia isn't collapsing financially. However, its oil and gas revenues are drastically down. And that has dragged its total revenues down a lot as well, which was more or less my original point.
This is the budget report from the Russian Ministry of Finance for the period covering January-May 2023:
minfin.gov.ru
And here are the relevant numbers:
Translation:
Oil and gas revenues amounted to 2,853 billion rubles and decreased by 50% YoY, which was due to a high base year-on-year comparison, lower Urals oil price quotations, and lower natural gas export volumes. The monthly dynamics of oil and gas revenues gradually reached a stable trajectory corresponding to their baseline level (8 trillion rubles per year).
The last part about the trajectory notwithstanding, a
50% reduction in oil and gas revenue is drastic.
The brief on the execution of the federal budget provides a month-by-month breakdown of revenues:
(
note: it provides the cumulative data for each month starting from the calendar year)
minfin.gov.ru
For comparison, between January-May 2022 oil and gas revenues amounted to 5,658.1 billion roubles.
On a side note, for the deficit figures, Russia has accumulated a deficit of 3,411 billion roubles over January-May 2023. Again, for comparison between the same period in 2022 Russia had a surplus of 1,589 billion roubles.