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Execution of the Federal Budget in January-March 2019: No Risks for Stability

Monitoring of Russia's Economic Outlook. Moscow. IEP. 2019. No. 9, pp. 8-11

4 Pages Posted: 21 Jun 2019

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: June 17, 2019

Abstract

In Q1 2019, the federal budget revenues moved up by 0.3 p.p. of GDP against the same period of 2018 due to the rise of oil and gas revenues. Budget surplus constituted 2.2% of GDP. Overall, the dynamic of the main parameters of the federal budget is positive, despite the debt growth, risks of the fiscal sustainability are not getting any stronger.

Keywords: Russian economy, federal budget

JEL Classification: H61, H62

Suggested Citation

Tischenko, Tatiana, Execution of the Federal Budget in January-March 2019: No Risks for Stability (June 17, 2019). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2019. No. 9, pp. 8-11, Available at SSRN: https://ssrn.com/abstract=3405548 or http://dx.doi.org/10.2139/ssrn.3405548

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

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