RUSSIA’S STATE BUDGET IN JANUARY-JUNE 2015

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

Russian Economic Development, 2015, issue 8, 14-20

Abstract: According to the data recently released by the Federal Treasury, over January–June 2015, the federal budget revenues contracted 1.9 p.p. of GDP, and expenditures went up 2.6 p.p. of GDP on the same period of the previous year. Revenues and expenditures of the consolidated budgets of the constituents of the Russian Federation over January–May 2015 increased 1.1 and 0.2 p.p. of GDP on fi ve months of the previous year, respectively. Positive dynamics of the federal budget defi cit reduction are observed: by the end of fi ve months 2015, the deficit constituted 3.7% of GDP, and then at the period-end results for six months 2015, it came to barely 2.6% of GDP. Consolidated budget of the RF constituents by the period-end results for fi ve months 2015, was executed with a surplus of 2.0% of GDP.

Keywords: Russian; Economy (search for similar items in EconPapers)
JEL-codes: H20 H50 H61 H70 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.iep.ru/files/RePEc/gai/recdev/570Tishchenko.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:570

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 ).