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Another $65.8 bln in funding by 2024 needed for enacting measures from Putin’s address

Of these $60.09 bln are federal budget funds, the finance minister revealed

Russian Finance Minister Anton Siluanov Vladimir Gerdo/TASS

Russian Finance Minister Anton Siluanov

© Vladimir Gerdo/TASS

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PM requests drafting amendments to budget to implement Putin’s address

MOSCOW, January 29. /TASS/. The measures announced by Russian President Vladimir Putin in his State of the Nation Address will require another 4.128 trillion rubles ($65.8 bln), of which 3.77 trillion rubles ($60.09 bln) would be federal budget funds, Finance Minister Anton Siluanov told reporters on Wednesday.

"Russia’s Finance Ministry has provided final calculations on financing measures from President’s address. Additional expenditures of budgets will total 4.128 trillion rubles ($65.8 bln) by 2024, of which 3.77 trillion rubles ($60.09 bln) are federal budget funds and 0.358 trillion rubles ($5.7 bln) are the funds of constituent entities’ budgets," he said.

Amendments to the budget will be submitted to Russia’s government by February 11, 2020, Siluanov added.

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