OREANDA-NEWS The State Duma adopted in the second reading the draft federal budget of the Russian Federation for 2025 and the planning period 2026-2027. The third reading is scheduled for November 21.

The draft budget for 2025 is based on revenues of 40.296 trillion rubles, and expenditures of 41.469 trillion. In the future, it is planned to increase budget revenues in 2026 to 41.841 trillion rubles, in 2027 to 43.154 trillion; expenditures to 44.022 trillion and 45.915 trillion rubles, respectively.

As a result, the budget deficit is expected to rise from 0.5% of GDP in 2025 to 1.1% of GDP in 2027. The main sources of its financing will be internal government borrowing.

As part of the second reading, the State Duma supported amendments that allocate about 8 trillion rubles of reserved funds within the total budget expenditures. The amendments are aimed at ensuring the country's defense and security, including conducting a special military operation; financing national projects; increasing spending on education, science, and support for certain sectors of the economy; developing social and technological spheres; and helping regions.

The total volume of special treasury loans provided to the regions in 2026-2027 is increasing from 150 billion to 250 billion rubles per year. A similar amount of such loans is already provided for in the draft budget for 2025.

The amendments for 2025-2027 allocate a total of 60 billion rubles for the development of public roads of regional significance in the subjects of the Russian Federation, and 12.263 billion rubles for the development of ski clusters and tourist infrastructure in the North Caucasus Federal District.

The amendments also provide for the property contribution of the Russian Federation to the state corporation VEB.The Russian Federation" in the amount of 6.34 billion rubles in 2025 and 8.68 billion in 2026 for the implementation of priority investment projects in the Far Eastern Federal District. There is also a contribution to the authorized capital of GTLK in order to implement a program of non-commercial leasing of unmanned aircraft systems produced at Russian enterprises - 2.5 billion rubles in 2026 and 4.7 billion in 2027.

To the State JSC "Dom.The Russian Federation is provided with a subsidy in the form of a contribution to property that does not increase its authorized capital in 2025 in the amount of about 1.88 billion rubles, in 2026 - 4.09 billion, in 2027 - 5.43 billion. It is intended to reimburse specialized companies for project financing of the costs of paying interest (coupon) income on bonds placed for the purpose of implementing investment projects for the purchase of agricultural machinery and equipment on the basis of financial lease (leasing).