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The Ministry of Finance of the Russian Federation hid budget reporting to avoid sanctions

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Meeting of the commission on local self-government.  Kurgan, deputy, official, documents, hands, papers for the meeting

The Ministry of Finance of the Russian Federation stopped publishing budget reports
A photo:

The Ministry of Finance of the Russian Federation decided to limit the publication of data on budget reporting. The ministry said that in this way they want to avoid the imposition of additional sanctions.

“The Russian Ministry of Finance announced that it is limiting the publication of data on budget reporting in order to minimize the risks of additional sanctions. In today’s publication, the ministry presented only general data on revenues and expenditures of the treasury and on the size of the budget surplus,” RIA Novosti reports.

According to the latest report of the Ministry of Finance, from January to April 2022, the Russian budget experienced a deficit of 764,198.3 million rubles and 277,001.2 million rubles. At the same time, tax revenues of Russians amounted to slightly more than 40% of the funds planned for the year.

The Ministry of Finance of the Russian Federation decided to limit the publication of data on budget reporting. The ministry said that in this way they want to avoid the imposition of additional sanctions. “The Russian Ministry of Finance announced that it is limiting the publication of data on budget reporting in order to minimize the risks of additional sanctions. In today’s publication, the ministry presented only general data on revenues and expenditures of the treasury and on the size of the budget surplus,” RIA Novosti reports. According to the latest report of the Ministry of Finance, from January to April 2022, the Russian budget experienced a deficit of 764,198.3 million rubles and 277,001.2 million rubles. At the same time, tax revenues of Russians amounted to slightly more than 40% of the funds planned for the year.

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