THE STATE BUDGET IN FEBRUARY-MARCH 2015

Tatiana Tishchenko
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Tatiana Tishchenko: Gaidar Institute for Economic Policy
Authors registered in the RePEc Author Service: Tatiana Tishchenko

Russian Economic Development, 2015, issue 4, 12-16

Abstract: According to data released by the RF Ministry of Finance, the period-end results for January–February 2015 demonstrate that federal budget revenue shrank by 0.6 pp. of GDP, while expenditure increased by 7.1 pp. of GDP on the same period of the previous year. The data on the execution of the consolidated budget of RF subjects in January 2015 point to a somewhat better dynamics: the upward movement of revenue by 0.2 pp. of GDP and a decline in the amount of expenditure by 0.6 pp. of GDP on January 2014. The amount of federal budget defi cit for the fi rst two months of 2015 (as shown by the period-end results is 7.4% of GDP, while the consolidated budget of RF subjects for January 2015 has been executed with a defi cit of 1.4% of GDP.

Keywords: State; budget (search for similar items in EconPapers)
JEL-codes: H20 H50 H61 H70 (search for similar items in EconPapers)
Date: 2015
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