Page 86 - RusRPTJan23

Chief Yury Borisov who earlier held the post of deputy prime minister overseeing the defence industry (2018-2022) said that the defence procurement plan had been 98% fulfilled, following the results of 2021. Borisov also said in early April that a new state armament program would focus on creating qualitatively new and fundamentally new armaments, including directed energy and kinetic weapons and also control systems based on artificial intelligence and robotic vehicles.
Russian President Vladimir Putin signed a federal law prolonging the freeze of pension savings until 2025 on December 5. The law implementation will save 925.9bn rubles for the federal budget. The government froze the accumulative part of pension savings for 2014 and 2015, and used 6% of the accumulative part to pay pensions to the current retirees. In December 2015, the measure was prolonged for 2016 in order to gain 342.2bn rubles for the budget, and extended every following year.
Russia’s Federal Customs Service transferred 5.627 trillion rubles ($89bn) to the federal budget in January-November 2022, the service said in a statement on Wednesday. "In eleven months of 2022, the customs authorities transferred 5 trillion 626.5bn rubles to the federal budget," the report said. In the reporting period the Federal Customs Service registered over 3.5mn goods declarations, including over 1mn for export and 2.3mn for import.
6.1.4 Budget dynamics - regions
The Russian Central Bank’s December report on the state of regional economies notes that regional budgets will have accumulated a total deficit of RUB1.7 trillion ($26bn) in 2022, IFPR BMB Russia reports.
Russia’s federal budget deficit will total around 2% of GDP in 2022, Finance Minister Anton Siluanov said on December 8. However, the federal budget was still in surplus in January-November 2022 thanks to special tax payments of about RUB1 trillion from Gazprom. According to preliminary estimates, the federal surplus was RUB557bn ($8.87bn), the Ministry of Finance said on December 12.
Thus, budget revenues for the reporting period amounted to about RUB24.8 trillion ($393.9bn), or 99% of the amount approved by the federal law on the budget for 2022-2024. Expenses reached RUB22.23 trillion ($353.1bn), or 102.2% of the planned volume.
The regional deficit is due to a collapse in corporate income tax receipts during the second half of the year. Regional budget expenses grew by 16.5% in the first ten months of 2022 due to the war, including increased social support, supporting local economies, and mobilization.
86 RUSSIA Country Report January 2023 www.intellinews.com