Draft federal budget for 2023-2025 sent to State Duma

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The Russian government has sent the draft federal budget for 2023 and the 2024-2025 planning period to the State Duma, the press service for the government said.

The government approved its main parameters last week. Federal budget revenue is expected at 26.13 trillion rubles in 2023 and expenditures at 29.056 trillion rubles. The deficit is projected at around 2.9 trillion rubles, or 2% of GDP, and there are plans to finance it mainly through internal loans, Russian Finance Minister Anton Siluanov said at a government meeting.







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