In the first quarter of 2023, Russia’s federal budget deficit amounted to 2.402 trillion rubles, revenues – 5.678 trillion rubles, expenses – 8.08 trillion rubles. It has been reported TASS Referring to the analytical note issued by the Accounting Chamber of the Russian Federation on the implementation of the state budget in the first quarter of 2023.
According to the Accounts Chamber, the total volume of federal budget revenues amounted to 5,678.2 billion rubles, which is 21.7% of the projected total revenues. Of these, oil and gas revenues – 1,634.9 billion rubles. (18.3%), non-oil and gas income — 4,043.3 billion rubles. (23.5%). Realization of expenses in cash amounted to 8,079.8 billion rubles. (27.1%).
Budget revenues in the first quarter of 2023 decreased by 1 billion 485 trillion rubles compared to the same period of 2022. (20.7%). Oil and gas revenues decreased by 1,339 trillion rubles. (80%). Revenues not related to oil and gas decreased by 3.5% to 145.5 billion rubles. The Accounting Chamber noted that the reasons for the decrease in revenues were the fall in Ural oil prices, the depreciation of the ruble, the decrease in tax revenues to the budget and the return of one-off excess taxes and fees to taxpayers. the beginning of 2023.
In the first quarter of this year, budget expenditures increased by 2.22 trillion rubles compared to the same period of 2022. (37.9%).
In the first quarter of 2023, the public debt of the Russian Federation increased by 905.2 billion rubles. (4%) and reached 23.725 trillion rubles. (15.8% of GDP). Domestic debt increased by 576.8 billion rubles. and amounted to 19.358 trillion rubles, external – 328.5 billion rubles. and reached 4.367 trillion rubles.
The document emphasizes that the increase in Russia’s foreign debt is only related to the devaluation of the ruble. In dollar terms, its volume was $765.8 million (1.3%), down from $57.417 billion on January 1, 2023.
Earlier, it was reported that the Minister of Finance of the Russian Federation Anton Siluanov proposed to reduce all unprotected expenditure items in the Russian budget by 10% for 2024 and to redistribute the released money.
former Central Bank declaration about a possible increase in key rate.