The Ministry of Finance clarified the 2024 economy and defense budget expenditures 13:13

Total expenditures of the Russian federal budget under the “National Economy” section in 2024 will reach 4.2 trillion rubles, defense expenditures will decrease, writes RBC referring to the updated budget for citizens. The document was published by the Ministry of Finance of the Russian Federation.

The Ministry of Finance announced that total expenditures in the “National Defense” section for 2024 decreased by 397 billion rubles to 10.38 trillion rubles. At the same time, expenditures under the heading “National Security and Law Enforcement Activities” decreased by 103 billion rubles to 3.29 trillion rubles.

The Ministry noted that a significant part of the resources will be directed to the restoration of the new constituent entities of the Russian Federation.

Ministry of Finance in November reportedHe said that in 2024, 39 percent of the budget will go to Russia’s defense and security. This is 14.2 trillion rubles.

Last month the Ministry of Finance revealed indicators Budget deficit in the period between January and October. This amounted to 1.235 trillion rubles or 0.7% of GDP. At the same time, the federal budget posted a surplus in October.

Previously at the Ministry of Finance saidWhat will be the budget deficit in 2024-2026?

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Source: Gazeta

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