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Russia’s budget deficit totals $48 bln in January-December 2022, says ministry

It is reported that expenditures amounted to $454 bln

MOSCOW, January 18. /TASS/. Russia’s federal budget deficit totaled 3.3 trillion rubles ($48 bln) in January-December 2022, according to preliminary estimates, the Finance Ministry reported on Wednesday.

In particular, budget revenues equaled 27.825 trillion rubles ($405 bln), or 111.2% of the amount approved by the federal law on budget for 2022-2024, while expenditures amounted to 31.131 trillion rubles ($454 bln), or 131.4% of the planned amount and 97.5% of the total budget list of the federal budget considering the amendments made, according to figures released on the ministry’s website.