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Economy

The Russian government approved the draft budget until 2029

The Russian government approved the draft budget of Russia for 2027 and the planning period of 2028 and 2029, said the press service of the government

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The Russian government approved the draft budget until 2029

The Russian government approved the draft budget of Russia for 2027 and the planning period of 2028 and 2029, the press service of the government said.

Russian Prime Minister Mikhail Mishustin during the meeting spoke about the draft budget of the government. He said the draft takes into account the challenges facing Russia.

Mishustin said that the country's economy remains stable due to the strict implementation of the President's instructions. GDP growth, he said, in 2027 will be 1.4 percent, and in 2029 will reach 2.4 percent.

Budget revenues in 2027 are expected to amount to 43.3 trillion rubles, and in 2029 almost 48.4 trillion rubles.

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