Ministry of Finance reports a sharp increase in non-oil and gas budget revenues 13:18

Russia has increased its non-oil and gas budget revenues by more than a third since the beginning of 2024. It is reported on this website Ministry of Finance of the Russian Federation.

According to the results of January – May, the federal treasury’s revenues from taxes not related to oil and gas increased by 34.1% compared to the same period last year and reached 9.34 trillion rubles. In an environment where economic activity is recovering in Russia after the pandemic, revenues from VAT and other turnover taxes increased sharply by 19.1%, exceeding the planned level.

The Ministry of Finance emphasized that this provides a stable basis for further growth of non-oil and gas budget revenues. Taking into account the upward revision of economic forecasts and the trend of significant tax revenues, appropriate changes were made in the budget to increase non-oil and gas revenues.

“The growth in non-oil and gas revenues shows that the tax base in the country is strengthening with increasing commercial activities,” the ministry said. said.

Vladimir Putin during SPIEF last week said About the growth of the Russian economy.

Previously Nabiullina said About the rate of economic growth in Russia.

What are you thinking?

Source: Gazeta


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