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: RUSSIA’S STATE BUDGET IN JANUARY-AUGUST 2015
Abstract:  According to the Federal Treasury, as of the period-end results for January–August 2015 the federal budget revenues contracted 1.6 p.p. of GDP, and expenditures went up 2.5 p.p. of GDP in comparison with the same period of the last year. Revenues and expenditures of the consolidated budget of the constituents of the Russian Federation as of the period-end results for seven months of the current year against seven months of the previous year went up 1.1 and 0.4 p.p. of GDP, respectively. The federal budget defi cit as of the period-end results for January–August 2015 amount-ed to 2.1% of GDP down 4.1 p.p. of GDP against the federal budget surplus over seven months of the last year. The consolidated budget of the constituents of the Russian Federation as of the period end results for seven months 2015 was executed with a surplus of 1.4% of GDP or up 0.6 p.p. against seven months of the previous year.
Classification-JEL:H61, H50, H20, H70
Keywords: State budget, Russian Economy
Journal: Russian Economic Developments
Year: 2015
Issue: 10
Month: October
Pages: 32-37
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/597Tishchenko.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:597