State Duma approved draft federal budget for 2027-2029 in first reading
Russian Politics & Diplomacy
October 29, 18:29
Budget expenditures and revenues are planned in 2027 at the level of $600 bln and $532.9 bln respectively
MOSCOW, October 29. /TASS/. The State Duma, the lower house of the Russian legislature, approved in the first reading the draft federal budget for the year of 2027 and the planned period of 2028-2029.
Budget expenditures and revenues are planned in 2027 at the level of 48.7 trillion rubles ($600 bln) and 43.3 trillion rubles ($532.9 bln) respectively. The budget deficit is planned for the next year at the level of 5.4 trillion rubles ($66.5 bln).