The Russian Ministry of Finance has proposed an optimization plan to “balance” the treasury, which provides for a reduction of more than 1.6 trillion rubles. expenditures from the budget for state programs in 2023–2025. It is reported Vedomosti with reference to documents of the Ministry of Finance.
The agency proposed to withdraw 557 billion rubles. budget expenditures from state programs and non-program areas in 2023. In 2024, spending may decrease by 539 billion rubles. There are no specific projections for 2025 in the current budget law.
Most of the expenses are planned to be removed from the state programs “Development of the transport system” (390 billion rubles for the period from 2023 to 2025), about 150 billion over the next three years from the state program “Scientific and technological development” and 120 billion rubles. from the program “Ensuring the country’s defense capability” for the same period.
A spokesman for the Finance Ministry told the newspaper that the curator of the state program must decide for himself which expenses to forego, based on the total amount of expenses removed. According to him, the decision is designed to ensure the prioritization of federal budget expenditures and will allow them to be concentrated on the most important and relevant areas.
According to the current budget law, the Ministry of Finance planned revenues in 2022 at the level of 25 trillion rubles, in 2023 – 25.5 trillion, in 2024 – 25.8 trillion, and expenses – 23.7 trillion, 25.2 trillion and 26.4 trillion rubles. respectively. Thus, in 2022, a budget surplus of 1.3 trillion rubles was expected. (1% of GDP), in 2023 – 299 billion (0.2% of GDP), in 2024 – a deficit of 523 billion rubles. (0.3% of GDP).
Now the ministry predicts the execution of the federal budget in 2022 with a deficit of 1.7 trillion rubles. (1.2% of GDP): revenues should amount to 25.5 trillion rubles, expenses – 27.2 trillion rubles, follows from the draft “Main Directions of the Budget, Tax and Customs Tariff Policy”.
Read more about the plans of the Ministry of Finance for the next three years – in the publication “Kommersant” “Deficiency, but it’s easy to get.”
More news in Telegram channel “Kommersant”.