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The financial expert assessed the impact of the new draft budget on the Russian economy

Financier Pokatovich: the new draft budget of the Russian Federation is balanced for the development of the country
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Photo: IZVESTIA/Eduard Kornienko
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The new draft budget of the Ministry of Finance of Russia is balanced and fully meets the objectives of the country's development. ""Gleb Pokatovich, Acting Director of the Federal State Budgetary Institution "Scientific Research Financial Institute of the Ministry of Finance of Russia", told Izvestia on September 24.

"This year, the Russian economy is going through a period of some cooling, but we expect that it will pass and the economy will return to long-term and stable economic growth rates. This, in fact, will ensure that the welfare of citizens will grow in real terms," said Pokatovich.

The financier also drew attention to the fact that the budget provides for indexation and special settings to protect vulnerable categories of the population. According to him, the planned deficit of 2% is a comfortable level that the economy can handle without problems.

Among the key priorities of the document, the specialist named ensuring defense and security, full fulfillment of social obligations, as well as support for technological sovereignty projects and restarting the investment cycle. He stressed that the draft of the country's main financial document does not contradict the objectives of economic growth and the restoration of long-term economic dynamics.

On the same day, the Ministry of Finance announced three directions in which the domestic economy will develop from 2027 to 2029. Thus, the budget policy will mainly be implemented in order to fulfill all social obligations, ensure the military-industrial complex and support the participants of the special operation and their loved ones.

In addition, the agency proposed to include passive income of citizens, including dividends and interest on deposits, in the basic base of personal income tax. It is noted that at the moment passive income is taxed at rates ranging from 13 to 15%. According to the initiative, in the future this indicator will vary and depend on the amount of profit, and not on the method of obtaining it.

Переведено сервисом «Яндекс Переводчик»

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