Template-type: ReDIF-Article 1.0 Author-Name: Belev Sergey Author-Workplace-Name: Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration Author-Name: Tischenko Tatyana Author-Workplace-Name: Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration Title: Federal Budget Execution for 3 months of 2021 Title: Исполнение федерального бюджета за первый квартал 2021 г. Abstract: At the period-end of January-March 2021, the federal budget surplus was less than in the pre-crisis Q1 2020. After 2020, the budget system recorded an increase in public debt servicing costs driven by a large-scale borrowing and the accumulation of losses by enterprises, which carry forward will limit the corporate income tax revenues. Keywords: federal budget, revenue, oil and gas revenues, non-oil and gas revenues, expenditure, taxes Classification-JEL: H11, H50, H62, H63 Journal: Russian Economic Developments Year: 2021 Issue: 6 Month: June Pages: 4-7 File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2159.pdf File-Format: Application/pdf Handle: RePEc:gai:recdev:r2159