According to the Ministry of Finance of the Russian Federation, in the first four months of this year, federal budget revenues fell by 22% compared to the same period in 2022.. This is written by Russian media with reference to the message of the Ministry.
At the same time, budget expenditures increased by 26%. Accordingly, the budget deficit amounted to 3.
42 trillion rubles, although in the annual plan of the Ministry of Finance, the budget deficit for the whole of 2023 was supposed to be 2.9 trillion rubles.
Oil and gas revenues of the Russian budget in January-April decreased by 52% compared to the same period last year and amounted to 2.2 trillion rubles.
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Earlier it was reported that the budget deficit of Russia in 2023 may exceed the forecast due to falling oil and gas revenues..