Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Moscow, September 29 (Xinhua) — The Russian government expects the country's gross domestic product (GDP) to grow by almost 7 percent in 2026-2028, reaching approximately 276 trillion rubles. A federal budget bill based on this forecast has been submitted to the State Duma for consideration, the Russian government press service reported on Monday.
According to the document, state revenues will amount to 40.3 trillion rubles in 2026, increasing to 45.9 trillion rubles by 2028. Expenditures will increase from 44.1 trillion rubles in 2026 to 49.4 trillion rubles in 2028.
A key budget focus will be funding measures to improve demographics. More than 10 trillion rubles are planned for these purposes over three years. These funds will be used, among other things, to pay a unified child benefit to needy families, the maternity capital program, subsidize interest rates on family mortgages, and reimburse a portion of personal income tax paid by citizens with two or more children.
Over 900 billion rubles are earmarked for funding activities under the national project "Long and Active Life," including providing expensive medications to people suffering from serious illnesses. Approximately 1.9 trillion rubles are earmarked for projects aimed at ensuring Russia's technological leadership.
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