State budget

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, 2012, issue 10, 30-35

Abstract: According to the Federal Treasury, in January-August 2012, federal budget revenues amounted to 22.0% of GDP, which is by 0.1 percentage points GDP higher than in the corresponding period of the last year. The federal budget expenditures over eight months of the year have increased by 1.0 p.p. of GDP against the same period of 2011, amounting to 20.6% of GDP. As of January-August 2012 results, the federal budget was executed with a surplus of 1.4% of GDP. The main growth of the federal budget was provided by the oil and gas revenues reached 11.2% of GDP, which exceeds the indicator of January-August 2011 by 1.4 p.p. The government domestic debt in August of this year has slightly decreased to Rb 4,427.4bn.

Keywords: State; budget (search for similar items in EconPapers)
JEL-codes: H20 H50 H61 H70 (search for similar items in EconPapers)
Date: 2012
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