Russia’s Fiscal Policy in 2017

Alexander Deryugin, Arseny Mamedov, Sergey Belev, Ilya Sokolov, Tatiana Tishchenko, Igor Arlashkin, Natalia Barbashova and Maria Deshko
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Sergey Belev: Gaidar Institute for Economic Policy
Tatiana Tishchenko: Gaidar Institute for Economic Policy
Natalia Barbashova: Gaidar Institute for Economic Policy
Maria Deshko: Gaidar Institute for Economic Policy

Published Papers from Gaidar Institute for Economic Policy

Abstract: The year 2017 saw some notable changes in the main parameters of the execution of the general government budget of the Russian Federation: the budgetary system’s revenue gained nearly 1 percentage point of GDP, while expenditure, on the contrary, lost 1.2 percentage points of GDP. Thus, the revenue volume amounted to 32.6 percent of GDP, and that of expenditure – to 34.1 percent of GDP. As a result, the budgetary system’s deficit shrank by 2.2 percentage points of GDP, to 1.5 percent of GDP.

Keywords: Russian economy; intergovernmental relations (search for similar items in EconPapers)
JEL-codes: H77 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2018, Revised 2018
New Economics Papers: this item is included in nep-cis and nep-tra
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https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2018-322.pdf Revised version, 2018 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:ppaper:ppaper-2018-322

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