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Expenditures on National Projects in Russia total $40.3 bln as of November 1

According to the ministry’s data, performance is over 70% for Housing and Urban Environment, Tourism and Hospitality Industry, Safe and High-Quality Roads, Healthcare, and Labor Productivity

© Yegor Aleyev/TASS

MOSCOW, November 8. /TASS/. Expenditures for the implementation of National Projects in Russia from the federal budget amounted provisionally to 2.46 trillion rubles ($40.3 bln) or 75.8% from the target as of November 1 of this year, the Finance Ministry reports on Tuesday.

"According to preliminary data, as of November 1, 2022, performance of federal budget expenditures for the implementation of National Projects amounted to 2.46 trillion rubles or 75.8% of the planned budget allocations," the ministry said.

The following National Projects take the lead in terms of utilizing expenditures: Science and Universities (85.6%), Culture (83.6%), Demography (82.9%), and the Comprehensive Plan for the upgrade and expansion of the main infrastructure (transport part) (82.5%),

According to the ministry’s data, performance is over 70% for Housing and Urban Environment (77.8%), Tourism and Hospitality Industry (77.4%), Safe and High-Quality Roads (77.1%), Healthcare (76.5%), and Labor Productivity (72.3%).

They are followed by Education (70%), Small and Medium-size Business and Individual Entrepreneurial Initiative Support (65.7%), Ecology (64.3%), International Cooperation and Export (62.8%), and Digital Economy (42.3%), the Ministry informed.

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