Template-Type: ReDIF-Article 1.0
Author-Name:Deryugin Alexander 
Author-Name-First: Alexander 
Author-Name-Last:Deryugin 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Title: REGIONS ͵ FOCUS ON REDUCTION OF EXPENSES 
Abstract: Reduction of the deficit of the consolidated budgets of subjects of the Russian Federation in 2015 was due to not to the improvement of the financial state of the regions but a decrease of borrowing possibilities and contraction of financial assistance from the federal budget. That is why ensuring non-defi cit budget at the expense of cuƫting budget expenditure will be de-facto main priority for the fiscal policy of many regions during the current year and many years to come.
Classification-JEL: P24, E52  
Keywords:  INFLATION AND MONETARY POLICY,  Russian Economy
Year: 2016
Issue:5
Month: May
Pages: 16-19
File-URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-5-625.pdf
File-Format: application/pdf
File-Function: Revised version, 2016
Handle: RePEc:gai:recdev:recdev-2016-5-625