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 in H1 2021: Revenues Exceeded Pre-Pandemic Level
Title: Исполнение федерального бюджета за первое полугодие 2021 г.: доходы превысили допандемийный уровень
Abstract: According to the results of H1 2021, the federal budget revenues exceeded the level of 2019, hitting 20.9% of GDP. The main contribution to this outcome was made by an increase in VAT receipts, primarily due to an increase in the consumption of non-food products with a slight increase in the consumption of food products (measured in terms of physical volumes of retail turnover).
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: 9
Month: September
Pages: 4-7
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2192.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2192