The Russian Council of Ministers projected receiving 114 billion rubles in 2023 as gratuitous contributions from companies, intended for the national budget. In 2024, however, those voluntary fees are forecast to fall dramatically to about 2 billion rubles, signaling a substantial drop in inflows tied to corporate voluntary payments.
In practical terms, these so-called voluntary contributions are payments made by foreign firms that sell assets within Russia. They represent roughly a quarter of all receipts categorized under this line item. Such payments have been a prerequisite for approving transactions involving foreign assets, as a dedicated subcommittee of the government commission often requires confirmation that these contributions are completed before a sale can proceed.
Previously discussed plans indicated that the draft federal budget for 2024–2026 would be submitted to the State Duma on September 29. The budget proposal outlines the government’s revenue and expenditure framework over the coming years, including expectations for tax revenues, social spending, and other mandatory costs that influence the fiscal trajectory.
Earlier, deputies affiliated with the LDPR faction introduced a bill aimed at preserving child care benefits for a parent who is working remotely while on maternity leave. The draft law was published in the State Duma’s electronic database, signaling potential changes to social support mechanisms amid evolving labor patterns and remote-work arrangements.
The proposed amendments touch on Article 13 of the Federal Law on State Aids to Citizens with Children and related provisions in the Labor Code of the Russian Federation. If enacted, these changes could affect eligibility criteria, benefit levels, and administrative procedures for family support programs amid ongoing demographic and labor-market considerations.
Overall, the draft budget for the Russian Federation has reflected a tightening of social and economic expenditures in prior iterations, a trend that signals the government’s intent to reassess spending priorities and ensure fiscal stability amid external and internal pressures. The evolving policy landscape around corporate contributions, social benefits, and budgetary planning continues to shape the fiscal outlook for the coming years, with stakeholders watching for details on revenue streams, social protections, and regulatory changes that influence daily life and business operation in Russia.”