RUSSIA’S STATE BUDGET IN JANUARY 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 3, 18-21

Abstract: According to the preliminary data of the Ministry of Finance of the Russian Federation, on the basis of the results of January 2015 the federal budget revenues fell by 0.8 p.p. of GDP, while the expenditures rose by 14.0 p.p. of GDP as compared to the same period of the previous year. The annual data on execution of the consolidated budget of cons tituent entities of the Russian Federation in 2014 shows growth of 0.2 p.p. of GDP in the revenues and a decrease of 0.1 p.p. in the expenditures as compared to January-December 2013. On the basis of the results of the fi rst month of 2015, the federal budget defi cit amounted to 5.4% of GDP, while the consolidated budget of constituent entities of the Russian Federation was executed in January–December 2014 with a deficit of 0.6% 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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