Regional Budgets in Q3 2022

Региональные бюджеты в третьем квартале 2022 г

Alexander N. Deryugin
Additional contact information
Alexander N. Deryugin: Russian Presidential Academy of National Economy and Public Administration; Gaidar Institute for Economic Policy

Russian Economic Development, 2022, issue 12, 74-77

Abstract: According to the results of Q3 2022, total revenues of consolidated budgets of the subjects of the Russian Federation amounted to Rb14.06 trillion, which is by 17.9% higher than the value of this indicator for the same period in 2021 and exceeds the annual inflation rate. These figures have been achieved on the back of 19.4% growth of tax and non-tax revenues of the regions, which amounted to Rb11.26 trillion. Intergovernmental fiscal transfers grew more slowly (+10.6%), amounting to Rb2.60 trillion. The continuing reduction of the average level of debt burden of the regions, the reduction of the number of subjects with a high value of this indicator, the reduction of the share of the volume of expenditures of regional budgets on public debt service, as well as the replacement of commercial loans by budget loans contribute to the growth of fiscal sustainability of regions and reduce the risk of their debt problems.

Keywords: regions’ budgets; revenues of regional budgets; expenditures of regional budgets; intergovernmental fiscal transfers; regional debt (search for similar items in EconPapers)
JEL-codes: H61 H62 H63 H71 H72 H74 H77 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.iep.ru/files/RePEc/gai/recdev/r22108.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gai:recdev:r22108

Access Statistics for this article

Russian Economic Development is currently edited by Alexei Vedev

More articles in Russian Economic Development from Gaidar Institute for Economic Policy Contact information at EDIRC.
Bibliographic data for series maintained by Olga Beloborodova ( this e-mail address is bad, please contact ).