Thursday, October 22, 2026Moscow
Economy

The state Council of Chuvashia adopted changes in the budget of the Republic

The bill on the budget for 2026 and the planning period 2027-2028 was approved in two readings by a majority of votes at the regular session of the Parliament

Published
The state Council of Chuvashia adopted changes in the budget of the Republic

The draft law on the budget for 2026 and the planning period 2027-2028 was approved in two readings by a majority vote at the regular session of the parliament.

Budget revenues this year increase by 17.5 billion rubles and will amount to 136.4 billion rubles, which is 15% more than last year. Own income will grow to 96.8 billion rubles. Expenditures will reach 146.9 billion rubles.

“Our main priorities remain unchanged. We will fully ensure the fulfillment of social obligations to residents, support for participants in a special military operation and their families, the implementation of security measures in the republic, said the Head of Chuvashia Oleg Nikolaev.

An additional 4.8 billion rubles will be allocated to support the SVO participants and their families, counter drone attacks and ensure the stable operation of life support systems. The total funding of these areas will reach 15.3 billion rubles.

Additional funds are also provided for education, health, culture, sports, agriculture, communal infrastructure and transport renewal.

Intergovernmental transfers to municipalities, taking into account an additional 1.2 billion rubles, will amount to 41.4 billion rubles - 14.3% more than in 2025.

The state debt of the republic will be reduced by 2.5 billion rubles and by January 1, 2027 will amount to 10.6 billion rubles, or 11% of the projected own budget revenues.

Deputies positively assessed the growth of budget parameters – these are additional opportunities for the implementation of new projects important for the residents of the republic.

Source: Московский комсомолец ↗

Share

More on This Story

EconomyThe Ministry of Finance from October 7 will increase the purchase of currency and gold five times

The Ministry of Finance of Russia from October 7 to November 6 intends to buy foreign currency and gold under the budget rule for 279.42 billion rubles. This is five times more than the volume planned a month earlier (55.6 billion rubles).

Коммерсантъ
EconomyThe FT learned how the growing debt burden prevents China from stimulating the economy

China’s debt service will cost 19.2 percent of total government this year, according to a study by the Conference Board

Григорий Лебедев
The head of JPMorgan said that the Russian army could reach Paris if desired
EconomyThe head of JPMorgan said that the Russian army could reach Paris if desired

Dimon said that EU countries cannot afford full-fledged armies and the Russian Armed Forces could reach Paris if desired. The US should support the EU and make more deals with it to avoid fragmentation

Григорий Лебедев
The EIA Briefing

Keep reading, every morning.

The stories that matter, chosen by our editors and in your inbox before 7 a.m. — every weekday.

No spam. Unsubscribe anytime.