Template-type: ReDIF-Article 1.0
Author-Name: Ilya A. Sokolov
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration; Gaidar Institute for Economic Policy; Russian Foreign Trade Academy
Title: Federal Budget Execution in 2021
Title: Исполнение федерального бюджета за 2021 г.
Abstract: In 2021, the federal budget was executed with a small surplus, which is an important achievement after a deficit of 3.8% of GDP a year before. It became feasible owing to two factors: oil and gas revenues returned to the precrisis level in nominal terms, while non-oil and gas revenues saw sustainable growth.
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: 2022
Issue: 3
Month: March
Pages: 4-8
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2223.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2223