RUSSIA’S STATE BUDGET IN JANUARY-OCTOBER 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 12, 20-27

Abstract: According to the data released by the Federal Treasury, by the period end for January–October 2015 the federal budget revenues contracted by 1.1 p.p. of GDP and expenditures moved up by 2.2 p.p. of GDP compared to the same period last year. As a result, the federal budget defi cit consti tuted 1.3% of GDP. Revenues and expenditures of the consolidated budget of the subjects of the Russian Federation over nine months of the current year against January–September 2014 increased by 0.8 and 0.4p.p. of GDP, respectively. The surplus of the consolidated budget of RF subjects has come to 0.7% of GDP as of the period-end for nine months of the current year.

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