EconomyIN BRIEF: Key statements by Finance Minister Siluanov on federal budget policy
Finance Minister Anton Siluanov said Russia’s federal budget deficit would reach 2.2% of GDP in 2027, with expenditures of 48.8 trillion rubles and revenues of 43.3 trillion. The minimum wage is set to rise 6.8% to 28,935 rubles, while 520 billion rubles will fund R&D and production facilities in 2027-2029.
IN BRIEF: Key statements by Finance Minister Siluanov on federal budget policy