Siluanov called the priority of budget expenditures in 2023

Siluanov called technological sovereignty a priority for budget spending in 2023.

Technological independence is Russia's main priority in terms of spending in 2023, budget funds will also be used to develop and support infrastructure, new regions, the power bloc, and business, Finance Minister Anton Siluanov said in an interview with Russia 24 TV channel.

"What spending priorities do we have for the current year? First of all, this is, of course, technological independence: we direct large resources to those sectors of the economy that require support, and, I would say, renovation, since these are such sectors as electronics, aircraft industry, mechanical engineering. This is something that requires localization and the creation of its own resource base. Budget support is provided for this," he said.

The minister also added that big budget spending will go to infrastructure. “We continue, I want to say right away, we are not curtailing, but somewhere we are even increasing the volume of infrastructure spending. This includes road construction, this is a large program for the modernization of housing and communal services, a new program. About 150 billion rubles," he said.

According to him, large projects are also envisaged in terms of supporting small and medium-sized businesses using the so-called cluster approach, when there will be assistance and assistance to "business to form new, import-substituting industries" with a number of preferences. "Starting from benefits, subsidizing interest on loans and ending with the fact that we provide demand for finished products. This is very important for our entrepreneurs," the minister added.

“Of course, we cannot bypass a number of social decisions that were made by the president last year and have come into force this year. Last year, decisions were made on additional indexation of pensions and benefits. for families with children, this requires a lot of resources. We have a one-year children's budget of 2.7 trillion rubles. Everything requires additional funds and, of course, this will all be provided as a matter of priority," Siluanov said.

In addition, the needs of the power bloc and new regions will be met - "the necessary funding is provided for this." “Therefore, the priorities that were previously identified are provided with the necessary funding. During the current year, additional needs arise - we also have the resources to maneuver, and we will do this this year. Therefore, the most important thing is that the budget balance is planned, the deficit will correspond to the plan, we will not go beyond its parameters," the minister said.

Source: https://ria.ru/