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4 Mar, 19:20

Russian budget revenues up 26% in 2024 to over $400 bln — Accounts Chamber

This is higher than projected total revenues, according to the report

MOSCOW, March 4. /TASS/. Russia’s federal budget revenues amounted to 36.7 trillion rubles ($409.4 bln) in 2024, which is 26% higher than in 2023, the Accounts Chamber reported.

"Federal budget revenues amounted to 36.7 trillion rubles, which is 1.6 trillion rubles, or 4.7%, higher than projected total revenues. Compared to 2023, federal budget revenues increased by 7.6 trillion rubles, or by 26%, of which oil and gas revenues - by 2.3 trillion rubles (or by 26.2%), non-oil and gas revenues - by 5.3 trillion rubles (or by 26%)," according to the report.

Budget expenditures were executed by 99% (40.2 trillion rubles) compared to 98.1% in 2023. Expenditures increased by 7.8 trillion rubles, or by 24.2%.

Federal budget deficit equaled 3.5 trillion rubles ($39 bln).