The Ministry of Finance explained additional expenses on the state debt by increasing the key rate – Kommersant
[ad_1]
The Ministry of Finance explained that the additional need for finance is caused by changes in the key rate, as well as changes in exchange rates against the ruble. However, the level of Russia’s public debt for the next three-year period will not exceed 20% of GDP, they reported TASS in the press service of the ministry.
The Ministry of Finance emphasizes that Russia’s national debt for the next three years “will remain at a level that is safe for the country.”
Today, October 13, the government allocated up to 215 billion rubles to the Ministry of Finance. from the reserve fund. The funds will be used to service the national debt. The document was published on website legal information. The Ministry of Finance must report on the targeted expenditure of funds by February 1, 2024.
On September 29, the Accounts Chamber published a report on the progress of execution of the federal budget for January-June. The department reported that Russia’s domestic debt increased by 9.8% (by 2.24 trillion rubles), to 25.06 trillion rubles. According to the report, public debt amounted to 16.7% of the projected GDP value for 2023.
On the implementation of social obligations in the next years with a “difficult” budget – in the material “Enough for social services”.
[ad_2]
Source link
