Federal budget 2024: savings on new construction sites will backfire in two or three years

Abstract: In the federal budget for 2024, the government has planned a sharp increase in revenues and expenses. The state treasury is expected to receive 35.1 trillion rubles, and 36.7 trillion rubles will be spent. About 40% of the amount will be allocated to the defense and security of the country. Officials are going to fill the budget with increased taxes, fees, fines. And they will save money on digital development and new construction. The latter fact worried representatives of the construction industry from the very beginning (from the moment when the draft law on the new federal budget was published). The public outcry did not subside throughout the entire time while the main financial document of the country was being discussed. The final optimistic comments of market participants boil down to the fact that you can live in peace, without looking into the prospect of two or three years, when the reduction in the number of objects with budget financing will become noticeable. In this paper, we will tell you how exactly and on which national projects the state has decided to save money, and what was responded to the request of the editorial staff of the “Geolnfo” journal by representatives of the Construction Committee of the State Duma of the Russian Federation.
 

Keywords: federal budget; government; state treasury; revenues; expenses, savings; construction industry; budget financing.