Digital Ruble Set to Play Key Role in Russia’s National Budget Disbursements
Russian authorities have completed the necessary steps to use the digital ruble for national budget disbursements. With amendments to the Budget Code allowing for funds to be allocated in digital rubles.
The Ministry of Finance is preparing subsidies for an upcoming test. Signaling the next phase of the central bank’s pilot program. While there is no clear launch date, experts suggest the digital ruble may be widely available by 2027, after further technical adjustments. The central bank has delayed the rollout to ensure all issues are resolved before implementation.
Clever Robot News Desk 20th April 2025
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