Translation. Region: Russian Federation –
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, November 21 /Xinhua/ — The Russian State Duma on Thursday adopted a law on the federal budget for 2026 and the 2027-2028 planning period.
As RIA Novosti reports, the document approves the main characteristics of the budget for a three-year period, which are determined based on the projected GDP volume in 2026 of 235.067 trillion rubles, in 2027 – 255.498 trillion, in 2028 – 276.346 trillion, as well as an annual inflation rate not exceeding 4%.
The budget's key priorities are fulfilling social obligations to citizens, meeting defense and security needs, and achieving the national development goals set by the President of the Russian Federation.
The budget for the entire three-year period is formed with a deficit, which will decrease from 1.6 percent of GDP in 2026 to 1.2 percent of GDP next year, and in 2028 will amount to 1.3 percent of GDP. –0–
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