Template-type: ReDIF-Article 1.0
Author-Name: Alexander N. Deryugin 
Author-Workplace-Name: Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration
Title: Regional Budgets in 2022 
Title: Региональные бюджеты в 2022 г.
Abstract: The year 2022 was a critical one in terms of the dynamics of tax and non-tax revenues of the consolidated regional budgets: while in the first half of the year it looked quite satisfactory and the growth of budget revenues significantly outpaced the inflation rate, by the end of the year the growth halted and the decline of profit tax revenues, exacerbated by its partial refunds to taxpayers, significantly raised the risk of formation of negative budget revenues in some regions in some months. 
In 2023, without additional financial assistance from the federal budget, the budgets of the overwhelming majority of regions will be unbalanced, which may lead to an increase in the total volume of regional debt and the amount of debt burden.
Keywords: regions’ budgets, revenues of regional budgets, expenditures of regional budgets, intergovernmental fiscal transfers, regional debt
Classification-JEL: H61, H62, H63, H71, H72, H74, H77
Journal: Russian Economic Developments
Year: 2023
Issue: 4
Month: April
Pages: 61-65
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2334.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2334