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Russian federal budget revenues gain 58.5% in January — February 2024

The pace of revenues and funding of expenditures in January 2024 evidences that the federal budget is performed in line with target parameters of the structural balance, the ministry noted

MOSCOW, March 7. /TASS/. Federal budget revenues are provisionally estimated to move up by 58.5% in January - February 2024 in annual terms to 5.025 trillion rubles ($55.4 bln), the Russian Finance Ministry said on its website.

"According to the preliminary estimate, federal budget revenues in January - February 2024 amounted to 5,025 bln rubles, which is 58.8% higher than revenues received in January - February 2023," the ministry said.

The pace of revenues and funding of expenditures in January 2024 evidences that the federal budget is performed in line with target parameters of the structural balance, the ministry added.