Government approves amendments to budget package

The government approved for the second reading amendments to the draft federal budget for 2027 and for the planning period of 2028 and 2029, follows from the materials on the website of the Ministry of Finance.

The total amount of funds under the proposed changes is about 8.7 trillion rubles. Part of the changes are related to the sphere of defense and security of the country, including the military operation. In addition, the government submitted three more groups of amendments to the draft.

The first group deals with national projects and aims at reallocating allocations with increases within reserved resources:

National project “Youth and Children”: in 2027-2029, it is proposed to allocate 15.4 billion rubles for the creation of the Scientific and Technological Campus “Sirius”, more than 26 billion rubles for the construction of 50 advanced engineering schools; National project “Long and active life”: more than 21 billion rubles. proposed to allocate for the provision of continuous glucose monitoring systems for certain categories of patients with diabetes; The national project "Environmental Well-being": 2.5 billion rubles are provided for the construction or reconstruction of the gas supply network for the transfer of households from coal heating; National projects of technological leadership: more than 10 billion rubles are proposed to be spent on the construction of infrastructure facilities at the Vostochny cosmodrome for the launch of Soyuz-5, Start-1M missiles, and in the future - the Amur-LNG rocket.

In addition, about 8 billion rubles will be allocated for the development of infrastructure and the formation of a specialized certification system for drones. The amendments also included the allocation of 16.2 billion rubles for the provision of a discount on domestic lithium-ion products and 6.7 billion rubles for a discount on chemical products. Finally, it is proposed to allocate 6 billion rubles for the creation of a competence center for the machine tool industry of STANKIN.

The second group of amendments includes the allocation of budget allocations after the adoption of normative legal acts and the submission of justifications by ministries and departments.

“26 billion rubles will be allocated to support preferential leasing of domestic vehicles, which will allow to implement in 2028-2029 at least 42.7 thousand new units, including public transport and electric vehicles,” said Deputy Prime Minister and Finance Minister Anton Siluanov.

In addition, 4.8 billion rubles were proposed to be allocated to support preferential leasing of the agro-industrial complex. Additional funds are also planned to be allocated for the implementation of sea freight transportation to the Kaliningrad region under sanctions and the organization of suburban transportation along the Myza-Kstovo route in the Nizhny Novgorod region.

About 9 billion rubles will be allocated for the organization of pilot and small-scale production of a new generation electronic component base at the site of the Kvantum Park cluster of Bauman Moscow State Technical University. Another 2.5 billion rubles are planned to be spent on the construction of a full-cycle scientific and practical center for nuclear medicine at the Kurchatov Institute in Gatchina, Siluanov added.

Finally, the third group of amendments concerns redistribution with an increase in budget funds within state programs and non-programme directions.

Within this category, additional resources are proposed to be allocated for the provision of preferential car loans, the reconstruction of the Fedorovsky retaining hydroelectric plant on the Kuban rivers and subsidies for the renewal of rolling stock and the loading of enterprises. Funds are also provided for the creation of scientific and scientific-production infrastructure, in particular, work on the creation of a new source of synchrotron radiation "SILA" and the installation of the class "megascience" on Russky Island.

Separately, Siluanov provided financial support to the regions. According to him, in 2027, 241 transfers totaling 3.6 trillion rubles are provided. In accordance with the amendments, 231 transfers for 3.4 trillion rubles were distributed for 2027, 193 transfers for 2028 (3.3 trillion rubles) and 180 transfers for 2029 (3.2 trillion rubles). The allocation of funds will be considered at the tripartite commission.

The government submitted to the State Duma a draft federal budget for 2027-2029 on September 30. The lower house of parliament approved the draft in the first reading on October 29. 372 deputies voted for, 0 against, 51 deputies abstained from voting.

The draft federal budget is based on the basic version of the forecast of socio-economic development. He suggests that in 2027 the Russian economy will grow by 1.4%, and in 2029 the dynamics will accelerate to 2.4%.

In 2027, revenues are planned at the level of 43.3 trillion rubles (17.4% of GDP), expenses - 48.7 trillion rubles (19.6% of GDP), the deficit will be 5.4 trillion rubles, or 2.2% of GDP. In 2028-2029, in relation to GDP, spending should decrease to 19.1% in 2029, and incomes should remain stable. However, the costs will be higher than those laid down in the previous draft budget. Budget expenditures in 2026 can reach 48.5 trillion rubles, or 20.9% of GDP.

Priority items of expenditure for 2027-2029 remain the areas of National Defense (35% of the budget, or 17.15 trillion rubles), Social Policy (13.6%, about 6.7 trillion rubles) and National Economy (9.5%, or 4.62 trillion rubles).