In October, the Russian dictator predicted that the budget deficit would be only 1% of GDP, but it turned out to be almost twice as large – 1.9% of the country’s GDP.
By the end of 2023, the federal budget deficit of the Russian Federation will reach 3.24 trillion rubles or 1.9% of the country’s GDP. The Russian edition of Forbes writes about this, citing preliminary data from the Ministry of Finance of the Russian Federation.
It was noted that the federal budget law for 2023 provided for a deficit of 2.93 trillion rubles or 2% of the country’s GDP. But last October, Russian President Putin predicted that the budget deficit would be only 1% of GDP, and Finance Minister Anton Siluanov said in December that the deficit “could be less than 1.5%.” “
According to preliminary estimates, the revenues of the Russian federal budget last year increased by 4.7% – to 29.12 trillion. rubles
At the same time, the amount of budget revenues from oil and gas fell to 8.82 trillion rubles – this is 23.9% less than in 2021 (11.59 trillion rubles), but more than the base amount of oil revenues and gas provided for the budget (8 trillion rubles ).
At the same time, non-oil and gas revenues of the Russian budget for the year increased by 25% and reached 20.3 trillion rubles, exceeding the plan by 18.1% or 3.1 trillion rubles.
The amount of federal budget expenditures for 2023 increased by 4% and reached 32.36 trillion. rubles
Let’s remember that on January 11, Putin called the Russian economy “number one” in Europe. According to his version, in terms of purchasing power parity, the Russians are ahead of all of Europe, but “per capita we have to try.”
Putin also named the reason for the increase in egg prices in Russia. In his opinion, the Russians have so much money that they buy chickens and eggs.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.