debts on advances from the federal budget grew to 14 trillion rubles. – Kommersant

According to the results of the first six months of 2023, the volume of receivables of federal authorities (money that should go to the budget) increased by 41%, or almost 5.7 trillion rubles. The total amount of such liabilities reached 19.4 trillion rubles. RBC with reference to data from the Ministry of Finance. The amount of outstanding advances increased by 4.7 trillion rubles to 13.98 trillion rubles. For 1.75 trillion rubles. increased advances for the acquisition of non-financial assets.

The main part of receivables (about 72%) fell on advance payments that departments pay to suppliers (executors of work) or reporting organizations. The receivables of the federal budget are divided into two categories: by income (including taxes and insurance premiums) and by expenses. Overdue debt to the budget from the payers of taxes and insurance premiums for the reporting period increased by 411 billion rubles to 1.56 trillion rubles.

The open part of the budget includes 28% or 3.96 trillion rubles. accounts receivable for advance payments. Of the departments, the Ministry of Education (by 402.9 billion rubles), the Ministry of Labor (275.6 billion rubles) and the Ministry of Health (259.7 billion rubles) demonstrated the largest increase in the issuance of advances. In the Ministry of Finance of Communications, an increase in the volume of receivables with a general increase in federal budget spending “in areas that form such debt.” This includes subsidizing legal entities, intergovernmental transfers to regions and public procurement, the department added.

The Ministry of Finance reported that following the results of seven months, the federal budget deficit amounted to 1.8% of GDP, while the plan for the year was 2%. After a monthly surplus in the previous two months, the budget returned to a deficit in July. The expenditure part of the budget, after a record advance in the first quarter, reduced the growth rate – counting from the second quarter, the increase in spending year-on-year in July amounted to only 2%.

Details – in the material “Kommersant” “The budget has a deficit”.

Laura Keffer