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Federation Council approves law on federal budget for 2024-2026

The decision was made unanimously, 154 senators voted to approve the law

© Valery Sharifulin/TASS

MOSCOW, November 22. /TASS/. The Federation Council approved the law on the federal budget for 2024 and the planning period 2025-2026 at a plenary meeting on Wednesday,

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State Duma adopts law on Russia’s federal budget for 2024-2026

The decision was made unanimously, 154 senators voted to approve the law.

According to the document, federal budget revenues are projected at 35.065 trillion rubles ($397 bln) in 2024, 33.552 trillion rubles ($380 bln) in 2025 and 34.051 trillion rubles ($385 bln) in 2026. Expenses are expected at 36.66 trillion rubles ($415 bln), 34.382 trillion rubles ($389 bln) and 35.587 trillion rubles ($403 bln) respectively. The federal budget deficit will amount to 1.595 trillion rubles ($18 bln) in 2024, 0.83 trillion rubles ($9.4 bln) in 2025 and 1.536 trillion rubles ($17.4 bln) in 2026.

GDP is expected to grow by 2.3% in 2024 to 179.956 trillion rubles ($2 trillion), by 2.3% in 2025 to 190.637 trillion rubles ($2.1 trillion), by 2.2% in 2026 to 202.304 trillion rubles ($2.3 trillion).

The upper limit of government internal debt will be 26.637 trillion rubles ($302 bln) as of January 1, 2025, 30.159 trillion rubles ($342 bln) as of January 1, 2026, and 34.356 trillion rubles ($389 bln) as of January 1, 2027.

The upper limit of public external debt will be 64 billion US dollars (57.6 billion euros) as of January 1, 2025, $63.1 billion (56.3 billion euros) as of January 1, 2026, $61.2 billion (54.6 billion euros) as of January 1, 2027. Inflation is forecast at 4.5% in 2024, 4% in 2025, and 4% in 2026.

The volume of the National Wealth Fund at the beginning of 2024 will be 12.177 trillion rubles ($138 bln) (6.8% of GDP), at the beginning of 2025 - 11.190 trillion rubles ($126 bln) (5.9% of GDP), at the beginning of 2026 - 13.002 trillion rubles ($147 bln) (6.4% of GDP).

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According to the Russian foreign minister, this represents the "confrontational logic" of the West

NATO pledges to continue supporting Ukraine following Russia’s launch of Oreshnik missile

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The decisions will be made in response to these applications in the near future

NATO disregards all etiquette in discussing possible preemptive strikes on Russia — Lavrov

NATO Military Committee Chairman Rob Bauer earlier called for producing more weapons for precision strikes inside Russia in case a conflict broke out

Russian military engaged in tough battles with Ukrainians in Kharkov Region — official

"Our forces continue their coordinated efforts to liberate the Kharkov Region from the enemy," Vitaly Ganchev said

Iran ready to escort foreign ships in Red Sea — navy commander

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Intel chief calls on West to embrace Putin's vision for resolving Ukraine conflict

"The sooner Western capitals realize [the need to accept] the Russian president’s conditions for a peace agreement and talks, the better it will be for Ukraine, Europe and Russia, too," Sergey Naryshkin noted

West wants to use Kalinousky Regiment to destabilize Belarus — Russian intelligence chief

Sergey Naryshkin pointed out that now this nationalist group was fighting together with the Ukrainian army along with the Russian Volunteer Corps (recognized in Russia as a terrorist organization) and the Georgian Legion (the paramilitary group Georgian National Legion is blacklisted as terrorist and banned in Russia)

EU Commissioner for Justice calls on members states to step up assistance to Ukraine

Didier Reynders stressed that EU countries provided Ukraine with 45.5 billion euros for military needs and supplied "a wide variety of arms" from their stockpiles, including F-16 aircraft

No int’l restrictions on deployment of Oreshnik systems — senior Russian diplomat

When asked if the 1998 Russian-US memorandum of understanding on notifications of missile launches remained in effect, Sergey Ryabkov answered in the affirmative

No existing missile defense system can counter Oreshnik — US expert

Theodore Postol also vehemently rejected suggestions that the Oreshnik system represents previous outdated developments of Moscow

Austria ready to host Ukraine talks — chancellor

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West seeks to destabilize global order, Russia’s intelligence chief says

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Russian forces strike Ukrainian drone control centers near ZNPP

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According to the sources, some of these makeshift morgues were destroyed by retreating Ukrainian troops

Putin notes impressive trade turnover between Russia, Kazakhstan

President reiterated that Moscow and Astana have actively supported Eurasian economic integration and were among the founders of the Eurasian Economic Union

British military instructor captured, Ukrainian losses: situation in Kursk Region

In total, the enemy has lost more than 35,510 troops since the fighting began in the region

Launch of Oreshnik caused no negative reaction from Central Asia — Russian MFA

Alexander Sternik noted that Moscow was closely watching how relations among NATO, the European Union and the states directly adjacent to Russian territory were developing

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According to Waldemar Skrzypczak, satellite reconnaissance failed to detect the launch and flight of this missile

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Dr. Predrag Ceranic pointed out that in Republika Srpska, everyone understands very well that Russia was compelled "to make this move in order to protect its people in Donbass"

Zelensky shook up by Russia’s response to permission to attack it — Lavrov

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Itamar Ben-Gvir said that the agreement fails to fulfill the goal of this war - the safe return of northern dwellers to their homes

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Erik Prince noted that it was necessary to end the Ukrainian conflict as soon as possible

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According to the US President, civilians on both sides will soon be able to safely return to their communities

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Ukraine supplies terrorists in Mali with white phosphorus munitions — website

The news portal pointed out that its source was an anti-government militiaman captured in the southern part of the country by the national armed forces

Two Ukrainian infantry groups eliminated near Velikaya Novosyolka in Donbass region

Another enemy group was destroyed several hours later

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Alexander Stepanov emphasized that both Kiev and its Western allies are closely scrutinizing the consequences of the strike on the plant

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Israeli warplanes strike checkpoints on Syrian-Lebanese border — SANA

Information about potential damage or casualties is now being verified

British mercenary taken into custody and Ukraine's losses: situation in Kursk Region

The Ukrainian armed forces lost over 250 troops, four tanks, four infantry fighting vehicles, three armored combat vehicles, eight motor vehicles and two mortars in the past day

Russia’s Medvedev warns Europe could face 'catastrophic damage' from Oreshnik missile

The Russian Security Council deputy chairman also commented on Vladimir Zelensky’s "resilience plan"

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Additionally, Ukraine "does not have enough weapons, munitions or hardware," the news outlet said

Ukrainian forces attempt to assassinate Novaya Kakhovka head, his deputy with drones

Ukraine tracked two service cars and dropped munitions on them after the vehicles approached the administration building

UN secretary-general welcomes ceasefire between Israel, Lebanon

Antonio Guterres also urged the parties to undertake immediate steps towards the full implementation of Security Council resolution 1701

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The captive explained that he had served as a private in a battalion for four months

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Sergey Naryshkin stressed that Moldova is "following in its footsteps"

Lithuania open to sending European troops to Ukraine — foreign minister

"It may become necessary for European soldiers to be deployed on Ukrainian soil, and Lithuania is always ready to consider such options," Gabrielius Landsbergis stated

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"When we have more to provide, we will," Deputy Press Secretary Sabrina Singh said

Ceasefire deal does not envisage US military presence in Lebanon’s south — Biden

A high-ranking US administration official confirmed the information at a special briefing, adding that Washington will provide military support to Lebanon’s armed forces

Serbian film director Kusturica announces plans to get Russian citizenship

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US needs Ukraine's rare earth metals, including lithium — Lavrov

The Russian foreign minister noted that American companies had already bought up most of the fertile land

Ottawa Convention’s secretariat views transfer of antipersonnel mines to Kiev as violation

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Lebanese premier approves roadmap for ceasefire with Israel

The implementation of the agreement will help to bring stability to the region, Najib Mikati said

Russian diplomat doesn’t rule out missile deployment in Asia as response to US’ actions

Sergey Ryabkov warned Russia’s adversaries against settling into a "false sense of security"

Israeli-Lebanese ceasefire deal enters force — newspaper

According to Al Nahar, the Lebanese government will undertake the commitment to act against illegal armed groups on its territory and to curb their ability to arm themselves through arms trafficking and illegal production of weapons

Trump’s team, Biden administration sign memorandum of understanding

This engagement allows to begin critical preparations for transition of power

Public tribunal releases more testimonies exposing Kiev forces' atrocities in Selidovo

According to the report, Ukrainian forces are known to have killed at least a hundred civilians

Moscow to respond promptly if London inflates British diplomat’s expulsion issue

British Ambassador to Moscow Nigel Casey was summoned earlier in the day by the Russian Foreign Ministry, where he was handed a note of protest

Trump focused on solution to Ukrainian conflict — national security adviser

Mike Waltz compared the scope of the tragedy to World War One, describing it as "trench warfare" with hundreds of thousands of victims

Russia may soon push Kiev troops out of Kursk Region — Ukrainian battalion commander

It is noted that Russia has about three times as many men as the Ukrainians in the Kursk Region and six times as many explosive drones

France, UK may deploy troops to Ukraine following ceasefire — expert

According to Elie Tenenbaum, European countries may send troops to east Ukraine to ensure the observation of a ceasefire regime and guarantee Kiev’s security

US sanctions against Gazprombank leading to energy price growth in Europe — investor

The new round of US sanctions has become the most notable lately "but generally not critical for the Russian financial system, which has already passed through much worse time," Kyle Shostak said

Kiev failed to inform Ottawa Convention signatories about its plans to violate it

The Ukrainian delegation has not yet informed on this development, the convention’s Secretariat said

US, other countries to step up effort for ceasefire in Gaza

In Joe Biden's words, a truce will be possible with the release of hostages and on the condition that Hamas members will not be allowed to participate in the post-conflict government

FACTBOX: Overview of Ukraine's ATACMS strikes on Kursk Region

The Ukrainian armed forces have delivered two strikes using Western-made long-range missiles on sites in the Kursk Region over the past three days

Russia’s top diplomat says ‘still a long way to go’ to diplomatic solution in Ukraine

According to Sergey Lavrov, 'carrying out strikes deep inside Russian territory contributed to this escalation'

PREVIEW: Russia to hand over BRICS presidency to Brazil

The meeting in Yekaterinburg will provide an opportunity to sum up the results of Russia’s presidency and outline future plans

Talk of halting Ukraine conflict related to Russia’s initiative on battlefield — SVR

Sergey Naryshkin added that the Western capitals "stopped thinking about strategically defeating Russia and shifted to thinking about how to avoid such a defeat themselves"

Kiev troops attempted to kill British mercenary who surrendered to Russians — officer

In his words, they fired conventional 120mm mortar rounds, silent munitions and at least one FPV drone with a fragmentation charge