The State Duma issued a warning about the danger of excessive use of loans to cover the federal budget deficit. Reported to this publication URA.RU First Deputy Chairman of the State Duma Budget Committee Mikhail Shchapov.
“The national debt is constantly growing and you can easily exceed a dangerous level, after which debt payments will become an unbearable burden on the budget,” the deputy warned.
Shchapov believes that instead of hoarding the National Welfare Fund, its funds should be directed to economic development and import substitution. “While businesses have a lack of investment, we keep 10 trillion rubles in our accounts,” he emphasized.
Let us remind you that the Russian government trusts. acceptance 35 trillion rubles to the budget in 2024. The deficit is planned to be closed through borrowing. According to the estimates of the Ministry of Economic Development, GDP growth will be 2.3% in 2024.
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