Regional Budgets: Revenue Growth and Expenditure Containment
Monitoring of Russia's Economic Outlook. Moscow, IEP, No. 3, 2017, pp. 17-20
4 Pages Posted: 3 Apr 2017 Last revised: 29 Apr 2017
Date Written: March 3, 2017
Abstract
In 2016, actual revenues of Russian regions went up. The overall budget deficit dropped to a nine-year low in response to expenditure containment policies. Nevertheless, the total volume of public debt racked up (accumulated OK) by lower-revenue regions remains high.
Keywords: Russian Economy, Regional Budgets
JEL Classification: H61, H62
Suggested Citation: Suggested Citation
Deryugin, Alexander, Regional Budgets: Revenue Growth and Expenditure Containment (March 3, 2017). Monitoring of Russia's Economic Outlook. Moscow, IEP, No. 3, 2017, pp. 17-20, Available at SSRN: https://ssrn.com/abstract=2944587 or http://dx.doi.org/10.2139/ssrn.2944587
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