OREANDA-NEWS Donetsk and Lugansk People's Republics, Zaporozhye and Kherson regions, which became part of Russia last fall, will receive a total of 410.7 billion rubles from the federal budget in 2023, which will amount to 89% of the total revenues of their consolidated budgets (include regions together with municipalities). Such operational data appeared in the "Electronic Budget" system, which, as of April 19, was studied by RBC.

Practically all the revenues of the new regions, labeled as gratuitous receipts from other budgets of the budgetary system, are subsidies to support measures to ensure budget balance, which are carried out from the federal treasury. RBC sent a request to the Ministry of Finance of Russia.

"Gratuitous receipts are transferred to new regions in the form of subsidies, since they are not targeted and the subject has the right to decide for himself what to direct them to. We believe that these funds will primarily be used for social payments, wages and support of the population," says Ilya Tsypkin, an expert of the ACRA group of sovereign and regional ratings.

"The budgets of the new subjects of the Russian Federation at this stage are projected and formed with a large preponderance in the direction of gratuitous receipts from the federal budget. Federal aid should allow the economy of these regions to recover, and the authorities to fulfill their obligations to citizens," he says, adding that in the current conditions it is quite difficult to predict the volume of tax revenues from enterprises in these regions. ACRA believes that the projected tax revenues "can be laid at a minimum level."