Moscow remits 68% of local tax revenue to federal budget, mayor says

The capital’s fiscal contribution exceeds transfers to all other Russian regions combined, underscoring Moscow’s role as the primary financier of the federal center amid declining energy receipts.

By Handelsavisen Newsroom · Automated 2026-08-04 02:41 UTC · 1 min read

Moscow transfers 68% of all taxes and levies collected within the city limits to the federal budget, according to Mayor Sergey Sobyanin.

The volume of these receipts from the capital alone exceeds the total transfers received by all other Russian regions combined, highlighting the disproportionate fiscal weight of the metropolis in the national budget structure.

Sobyanin stated that the capital ensures its own development while generating the resources necessary to support other parts of the country.

The disclosure underscores the centralization of fiscal power in Moscow, which continues to serve as the primary financial engine for the federal government despite broader economic headwinds.

This fiscal dynamic comes as Russia’s federal budget faces significant pressure from declining energy revenues.

Data published by the Finance Ministry showed that oil and gas revenues fell 22.7% year-on-year in the first half of 2026, dropping to 3.66 trillion rubles ($48 billion).