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Economy

The government submitted to the state Duma the draft federal budget for 2027-2029

The government submitted to the State Duma a bill on the federal budget for 2027 and the planning period of 2028 and 2029. The order was signed by Prime Minister Mikhail Mishustin.

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The government submitted to the State Duma a bill on the federal budget for 2027 and the planning period of 2028 and 2029. The order was signed by Prime Minister Mikhail Mishustin.

The budget for the next three years is based on the basic version of the forecast of socio-economic development. According to him, by 2027 the Russian economy will grow by 1.4%, and in 2029 the dynamics will accelerate to 2.4%. The budget policy for this period is designed to meet social obligations, finance defense and security, support for the participants of the SVO and their families, as well as the development of technological leadership.

It is predicted that by the end of 2027, expenses will amount to 48.8 trillion rubles, revenues - 43.3 trillion rubles. For 2028 and 2029, expenses will amount to 50.9 trillion and 53.9 trillion rubles, revenues - 45.8 trillion and 48.6 trillion rubles, respectively.

The document also provides for the postponement of repayment of debts on budget loans by the regions beyond 2030. The government believes that this will allow the regions to allocate about 300 billion released funds for the development of the economy and social sphere.

Read more about the draft budget - in the material "Kommersant" "Budget filled with figures and taxes".

Source: Коммерсантъ ↗

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