State of Regional Budgets in 2022: May Forecast

Состояние региональных бюджетов в 2022 г.: прогноз мая

Dmitrii Yu. Zemlianskii and Vladimir V. Klimanov
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Dmitrii Yu. Zemlianskii: Russian Presidential Academy of National Economy and Public Administration
Vladimir V. Klimanov: Russian Presidential Academy of National Economy and Public Administration; Lomonosov Moscow State University

Russian Economic Development, 2022, issue 6, 60-64

Abstract: In the context of current uncertainty, one of the possible options for short-term forecasting of the state of consolidated budgets of Russian regions is consensus forecasts based on the opinions of leading experts in the field. Measures taken by the RF Government to stabilize the financial situation have significantly improved experts’ expectations concerning the state of regional budgets in May 2022 as compared with March, but the overall forecast remains negative. The expectations on the dynamics of tax and non-tax revenues, the volume of public debt increased, the expectations on the dynamics of expenditures remained at the same level, but the experts gave a more restrained forecast of the growth of inter-budgetary transfers. According to the experts’ forecasts, the most difficult situation will be in the regions of foreign business concentration, including the regions of automotive and metallurgy, in the metropolitan agglomerations.

Keywords: regional budgets; forecast; expert survey (search for similar items in EconPapers)
JEL-codes: H68 H77 R58 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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