Expenditures on National Projects in Russia total $24.9 bln as of November 1

Business & Economy November 09, 2023, 19:33

According to the Finance Ministry’s data, performance is over 70% for Safe and High-Quality Roads, Labor Productivity, Education, Ecology, International Cooperation and Export, and Healthcare

MOSCOW, November 9. /TASS/. Expenditures from the federal budget for the implementation of National Projects in Russia amounted provisionally to 2.291 trillion rubles ($24.9 bln) as of November 1 of this year, the Finance Ministry reports on its website.

"According to preliminary data, as of November 1, 2023, performance of federal budget expenditures for the implementation of National Projects amounted to 2,291.2 trillion rubles or 78.9% of the planned budget allocations," the ministry said.

The following National Projects take the lead in terms of utilizing expenditures: Demography (91.4%), Culture (87.8%), Science and Universities (85.6%), and Housing and Urban Environment (82.2%),

According to the ministry’s data, performance is over 70% for Safe and High-Quality Roads (79%), Labor Productivity (76.3%), Education (75.6%), Ecology (74.6%), International Cooperation and Export (73.3%), and Healthcare (72%).

They are followed by, Digital Economy of the Russian Federation (64.7%), Small and Medium-sized Business and Individual Entrepreneurial Initiative Support (64.3%) the Comprehensive Plan for the upgrade and expansion of the main infrastructure (transport part) (61.1%), and Tourism and Hospitality Industry (58.2%).

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