Russia’s budget surplus fell to 482 billion rubles.

The budget of Russia in January-July was executed with a surplus of 481.9 billion rubles, follows from the data of the Ministry of Finance. Budget revenues for seven months exceeded 15.7 trillion rubles, amounting to 63.1% of the total revenue approved in the law on the budget for 2022. Expenses for the specified period amounted to 15.29 trillion rubles, or 64.6% of the total federal budget.

By data ministries, in the structure of income non-oil and gas companies prevail – 8.6 trillion rubles. Revenues from oil and gas amounted to 7.1 trillion rubles. Most of the income was received from the Federal Tax Service – more than 11 trillion rubles. (or 65.7% of the federal budget for 2022). The Federal Customs Service sent 3.8 trillion rubles. (62.2%), other federal agencies – 879.4 billion rubles. (43.7%).

According to the results of January-June, the budget surplus amounted to 1.37 trillion rubles. In the second quarter of this year, against the background of the military operation and Western sanctions, revenues were almost equal to expenditures. Oil and gas revenues over this period grew by 58% yoy. This happened against the background of high prices for energy resources, which began to rise in price, among other things, due to the restriction of supplies by Russia.

Details – in the material “Kommersant” “Escape Surplus”.

Laura Keffer