Russian regions are cutting investment programs, spending on the construction of social facilities, and urban improvement due to budget deficits. According to sources for the Open Nizhny portal in regional authorities, when drafting budgets for 2027, this may affect 60–65 of the 89 constituent entities of the Russian Federation.

#budgetoftheRussianFederation #WarinUkraine #MinistryofFinanceoftheRussianFederation #Moscow #StPetersburg #finance #Economy

Read more

In the appendices to the draft federal budget for 2027–2029, 74.96 billion rubles were allocated to the federal project «We Are Together». The funds are distributed among Rosmolodezh, «Movement of the First», the Ministry of Education, and other recipients as part of three state programs.

#BudgetoftheRussianFederation #MovementoftheFirst #InstituteforInternetDevelopment #Wearetogether #propaganda #youth #Russia

Read more

According to Alfa-Bank analysts, in 2027 non-interest, non-defense spending of Russia’s federal budget will fall to about 9% of GDP — the lowest level since 2005. At the same time, spending under the «national defense» item will rise to 35% of all expenditures, while key civilian sectors face cuts.

#AlfaBank #BudgetoftheRussianFederation #WarinUkraine #publicdebt #Russia #finance #Economy

Read more

Spending on the «national defense» item in the 2027 budget draft will rise to 17.1 trillion rubles, which is 32.2% higher than the current level. For 2028, 16.6 trillion rubles are allocated for this item versus 13 trillion.

#BudgetoftheRussianFederation #WarinUkraine #militaryindustrialcomplex #ArmedForcesoftheRussianFederation #MinistryofFinanceoftheRussianFederation #MinistryofEconomicDevelopmentoftheRussianFederation #finance #Economy

Read more