Putin signs law on federal budget of Russia for 2024-26

12:14 - 28.11.2023


November 28, Fineko/abc.az. Russian President Vladimir Putin has signed the law on the federal budget for 2024 and for the planning period 2025-26, ABC.AZ reports, referring to Kremlin's website.

Under law, the budget revenues of the Russian Federation will amount to 35.065 trillion rubles (670 billion manats at the current exchange rate) in 2024, 33.552 trillion rubles (641 billion manats) in 2025 and 34.051 trillion rubles (650 billion manats) in 2026. Expenditures are expected to reach 36.66 trillion rubles (700 billion manats), 34.382 trillion rubles (657 billion manats) and 35.587 trillion rubles (680 billion manats), respectively.

The deficit is projected to be 1.595 trillion rubles in 2024, 830 billion rubles in 2025 and 1.536 trillion rubles in 2026.

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