The Characteristic Features of the Federal Budget

Russian Economy in 2016. Trends and Outlooks. 2017. Moscow. IEP, issue 38, pp. 53-62

12 Pages Posted: 17 Jul 2017

See all articles by Arseny Mamedov

Arseny Mamedov

Gaidar Institute for Economic Policy

Tatiana Tischenko

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

Evgenia Fomina

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Alfiia Khuzina

Russian Presidential Academy of National Economy and Public Administration (RANEPA); Financial University under the Government of the Russian Federation

Date Written: July 7, 2017

Abstract

In 2016, certain amendments were made to RF legislation, whereby the specific features of the budgeting process at the federal level were determined. In particular, the alterations introduced by Federal Law No 71-FZ dated May 30, 2016 'On Suspending Paragraph Four of Item 2 of Article 179 of the Budget Code of the Russian Federation' are designed to optimize the procedures for adjusting government (municipal) programs. With due regard for the complicated economic situation, the provision of the Budget Code of the Russian Federation (hereinafter to be referred to as RF BC) whereby all government (municipal) programs were to be brought in conformity with the budget law (or budget decision) by April 1, 2016 was suspended for one more year (until January 1, 2017).

Keywords: Russian economy, budget system, tax revenues, budget parameters

JEL Classification: H61, H62

Suggested Citation

Mamedov, Arseny and Tischenko, Tatiana and Fomina, Evgenia and Khuzina, Alfiia, The Characteristic Features of the Federal Budget (July 7, 2017). Russian Economy in 2016. Trends and Outlooks. 2017. Moscow. IEP, issue 38, pp. 53-62, Available at SSRN: https://ssrn.com/abstract=2998738 or http://dx.doi.org/10.2139/ssrn.2998738

Arseny Mamedov (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Tatiana Tischenko

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research ( email )

Russia

Evgenia Fomina

Gaidar Institute for Economic Policy ( email )

Gazetny Lane 3-5
Profsouyznaya street
Moscow, 117485
Russia

Russian Presidential Academy of National Economy and Public Administration (RANEPA) ( email )

Vernadskogo Prospect 82
Moscow, 119571
Russia

Alfiia Khuzina

Russian Presidential Academy of National Economy and Public Administration (RANEPA) ( email )

Vernadskogo Prospect 82
Moscow, 119571
Russia

Financial University under the Government of the Russian Federation ( email )

Leningradsky Prospekt, 49
Moscow, 125993
Russia

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