Template-Type: ReDIF-Article 1.0
Author-Name: Tatiana Tishchenko
Author-Name-First: Tatiana 
Author-Name-Last: Tishchenko
Author-Workplace-Name:  Gaidar Institute for Economic Policy 
Title: State budget
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.
Classification-JEL: H61, H50, H20, H70
Keywords: State budget
Journal:Russian Economic Developments
Year: 2012 
Issue: 10
Month: September.
Pages: 30-35
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/5Tischenko.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:5