The budget of Karelia for 2027, the deputies approved in the first reading

On November 12, deputies of the Legislative Assembly of the Republic of Karelia supported in the first reading the draft budget of the region for 2027 and for the planning period 2028-2029.

According to forecasts, budget revenues in 2027 will amount to 61.1 billion rubles, and expenses - 64.4 billion rubles. Thus, the budget deficit is planned at the level of 3.3 billion rubles.

Despite the support of the majority, representatives of the CPRF and LDPR factions expressed their disagreement with the current version of the draft budget, voting against it. As a result, 28 deputies voted for the adoption of the budget in the first reading, while six voted against it.

The head of the Ministry of Finance of Karelia Alexander Klimochkin previously explained that the submitted draft budget does not yet include federal targeted transfers. These funds should be approved for the region at a later date and taken into account in the document for the second reading.