FCS reduced transfers to the budget by 35.1% in the first quarter

FCS reduced transfers to the budget by 35.1% in the first quarter

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The Federal Customs Service (FTS) of Russia transferred 1.28 trillion rubles to the federal budget, which is 35.1% less than in the same period last year (1.98 trillion rubles).

“In the 1st quarter of 2023, the customs authorities transferred 1,288.1 billion rubles to the federal budget,” – reported department in its Telegram channel.

How wrote earlier than Vedomosti, federal budget revenues amounted to 5.7 trillion rubles. according to the results of January-March 2023, which is 21% lower than the first quarter of 2022. The decrease is due to a decrease in income from energy exports, the Ministry of Finance explained then.

Oil and gas revenues amounted to 1.6 trillion rubles, showing a decrease of 45% yoy. This is due to a decrease in prices for Urals oil, as well as a reduction in natural gas exports. The Ministry of Finance expects that the reduction of discounts on Russian oil will ensure a gradual recovery of budget oil and gas revenues.

At the same time, non-oil and gas revenues amounted to 4 trillion rubles, which is 4% lower than in the first quarter of last year. For VAT, the budget received funds in the amount of 2.7 trillion rubles, for income tax – 0.3 trillion. rub.

The deficit in the first quarter of 2023 amounted to 2.4 trillion rubles. after 2.6 trillion rubles. in January-February. In the first quarter of 2022, the budget was executed with a surplus of 1.1 trillion rubles.

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