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Russia’s federal budget revenues exceed $313 bln in 2023 — PM

The most important factor is that "the economy is becoming less dependent on export of commodities," Mikhail Mishustin said

MOSCOW, April 3. /TASS/. Russia’s federal budget revenues increased by almost 5% last year compared with 2022, Prime Minister Mikhail Mishustin said in an annual report at the State Duma (lower house of the parliament).

"Overall federal budget revenues exceeded 29 trillion rubles ($313 bln), which is almost 5% higher than in the same period last year," he said.

The most important factor is that "the economy is becoming less dependent on export of commodities," Mishustin said. "Non-oil and gas revenues rose by a quarter," he noted.

"All this helped ensure fulfillment of social obligations to people. We managed to support the economy and regions as well as implement development projects," the prime minister concluded.

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Mikhail Mishustin

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