Russia’s budget expenditures on national projects total 99% as of January 1 — ministry

It is reported that execution of federal budget expenditures on the implementation of national projects as of January 1, 2024, amounted to 2.983 trillion rubles.
Russia’s federal budget expenditures on the implementation of national projects preliminarily amounted to around 3 trillion rubles ($33 bln), or 99.2% of planned budget allocations, as of January 1, the Finance Ministry said in a statement.
"According to preliminary data, execution of federal budget expenditures on the implementation of national projects as of January 1, 2024, amounted to 2.983 trillion rubles, or 99.2% of planned budget allocations," the ministry said.
Among national projects with the highest completion rates were 'Safe and high-quality roads' (100%), 'Science and universities' (100%), 'Demography' (99.9%), 'Environment' (99.9%), 'International cooperation and export' (99.9%), and 'Education' (99%).
The national project 'Housing and urban environment' was 99.8% complete, 'Labor productivity' - 99.7% complete, 'Culture' - 99.4% complete, the Comprehensive Plan for the upgrade and expansion of the main infrastructure (transport part) - 99.6% complete, 'Healthcare' - 97.9% complete.
Among national projects with the lowest completion rates were 'Tourism and hospitality industry' (97.4%), 'Digital economy of the Russian Federation' (95.8%), and 'Small and medium-sized enterprises and support of individual entrepreneurship initiative' (92.9%).



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