Page 10 - RusRPTJun24

2.0 Politics
2.1 “Guns and butter” are both important, Putin tells military
commanders
Federal budget expenditures for implementation of National Projects will total RUB3.008 trillion ($33.3bn) in 2024, the Russian Finance Ministry told TASS, or just under a quarter of what is being spent on defence.
"The Federal Law "On the federal budget for 2024 and the planned period of 2025 and 2026" provides RUB3.008.4 trillion for implementation of National Projects in 2024. The largest amount of budget allocations in 2024 is provided for implementation of the following National Projects: Demography - RUB890bn ($9.9bn), Safe Quality Roads - RUB621.4bn ($6.9bn), Healthcare - RUB283.8bn ($3.15bn), and Education - RUB237.2bn ($2.6bn)," the ministry said.
Federal budget spending for National Projects provisionally totalled RUB2.53 trillion ($28bn) or 84.5% of planned allocations as of December 1, 2023, the ministry said earlier.
Following the recent cabinet reshuffle, technocratic economist and close Putin ally Andrei Belousov has been appointed Defence Minister in a move that is seen as an effort to improve the efficiency of the military spending.
10 RUSSIA Country Report June 2024 www.intellinews.com