Khabarovsk Territory budget for 2027 passed in first reading In an extraordinary meeting, the deputies of the Legislative Duma of Khabarovsk Territory approved in first reading the region's budget for 2027 and for the planning period of 2028 and 2029. It was adopted with a deficit of 23.5 billion rubles. Therefore, the revenue side of the regional budget in 2027 should amount to 218.7 billion rubles, and the expenditure side - 242.2 billion rubles. Accordingly, the main financial document of the region at this time was approved with a deficit of 23.5 billion rubles. The Minister of Finance of the Khabarovsk Territory, Valentin Kostyushin, informed the deputies about this. "In the current economic situation, in order to achieve the goals, it is necessary to ensure the growth of the region's revenue potential, effective management of budget expenditures and public debt. Also, among the priority goals is the creation of conditions for the sustainable execution of the local budgets," he said. Nikolai Shabtsov, the chairman of the Legislative Duma of the Khabarovsk region, emphasized for his part that the region's budget will continue to be socially oriented, and added that there is a slight increase in almost all industries in the region compared to last year. "It is important that the budget maintains a stable social orientation - 54% of all expenses are aimed at social obligations. Next year we plan to increase the social payments from January 1, 2027 and the scholarships from September 1, 2027 by 4%. In addition, there is a link to the wage index for public sector employees," said Nikolai Shabets. In turn, the Minister of Economic Development of the Khabarovsk Territory Nikolai Dubinin noted that at the end of this year, despite all the difficulties, the economic growth of the Khabarovsk Territory should be 3.9%. During the next three years (from 2027 to 2029 inclusive), economic growth should reach 9.6%, and the volume of GRP is expected to exceed 2.3 trillion rubles. The basis of the economic growth of the Khabarovsk area is the industry. Thus, progress is evident in the mining and manufacturing sectors.