Home Mikhail Mishustin announced forecasts for the growth of revenue and budget expenditures

Mikhail Mishustin announced forecasts for the growth of revenue and budget expenditures

by Alex Johnson
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Earlier in the Cabinet, they announced the completion of the training of the budget for 2025-2027.

According to Russian Prime Minister Mikhail Mishustin, next year the Russian budget revenues will increase by 12%, the correspondent of The Moscow Post reports.

At a government meeting, he noted that in 2025, revenues are expected to increase up to 40 trillion 296 billion rubles, which is almost 12% higher than current indicators. The head of the government also emphasized that the share of non -Neniftegazy income will increase to 73%.

Federal expenses in 2025 will amount to 41 trillion 469.5 billion rubles, which will establish a deficiency at 0.5% of GDP.

According to preliminary data from the Ministry of Economic Development, within seven months of the current year, Russia’s GDP grew by 4.4%, which is more than twice the last year.

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The main growth factors are sectors such as manufacturing, construction and agriculture. In addition, the unemployment rate in June of this year reached a historical minimum – 2.4%.

As the chairman of the State Duma budget committee Andrei Makarov said last week, the draft federal budget for 2025-2027 is planned to be submitted on September 30.

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