Russia's State Budget in January-August 2015

Russian Economic Developments. Moscow, 2015, No. 10, pp. 32-37

6 Pages Posted: 1 Nov 2015

See all articles by Tatiana Tischenko

Tatiana Tischenko

Gaidar Institute for Economic Policy; Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research

Date Written: October 30, 2015

Abstract

According to the Federal Treasury, as of the period-end results for January-August 2015 the federal budget revenues contracted 1.6 p.p. of GDP, and expenditures went up 2.5 p.p. of GDP in comparison with the same period of the last year. Revenues and expenditures of the consolidated budget of the constituents of the Russian Federation as of the period-end results for seven months of the current year against seven months of the previous year went up 1.1 and 0.4 p.p. of GDP, respectively. The federal budget deficit as of the period-end results for January-August 2015 amounted to 2.1% of GDP down 4.1 p.p. of GDP against the federal budget surplus over seven months of the last year. The consolidated budget of the constituents of the Russian Federation as of the period-end results for seven months 2015 was executed with a surplus of 1.4% of GDP or up 0.6 p.p. against seven months of the previous year.

Keywords: Russian economy, Russia's state budget

JEL Classification: H61, H50, H20, H70

Suggested Citation

Tischenko, Tatiana, Russia's State Budget in January-August 2015 (October 30, 2015). Russian Economic Developments. Moscow, 2015, No. 10, pp. 32-37, Available at SSRN: https://ssrn.com/abstract=2684154

Tatiana Tischenko (Contact Author)

Gaidar Institute for Economic Policy ( email )

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research ( email )

Russia

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
30
Abstract Views
342
PlumX Metrics