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Russia’s municipal and sub-federal debt market in 2020

Artem Shadrin
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Artem Shadrin: Gaidar Institute for Economic Policy

Published Papers from Gaidar Institute for Economic Policy

Abstract: In 2021, budgets of the subjects of the Russian Federation were consolidated with a surplus to the tune of Rb604.7 bn, budgets of municipal districts and urban okrugs with a surplus of Rb29.2 bn, budgets of inner urban municipalities of federal cities with a surplus of Rb0.2 bn, budgets of municipal areas - a surplus of Rb21.4 bn, budgets of urban settlements — a surplus of Rb2.5 bn, budgets of rural settlements — a surplus of Rb2.8 bn, budgets of territorial government extrabudgetary funds — a surplus of Rb18.0 bn.

Keywords: Russian economy; regional and municipal finances; loan market; debt market (search for similar items in EconPapers)
JEL-codes: H71 H72 H74 H76 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2022, Revised 2022
New Economics Papers: this item is included in nep-cis and nep-ure
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Handle: RePEc:gai:ppaper:ppaper-2022-1198