IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/190.html
   My bibliography  Save this article

Russia’S State Budget In H1 2013

Author

Listed:
  • Tatiana Tishchenko

    (Gaidar Institute for Economic Policy)

Abstract

The results of federal budget implementation in H1 2013 show that federal budget revenues dropped 2.1 p.p. of GDP year-on-year, while consolidated budget revenues of the constituent territories of the Russian Federation declined 1.7 p.p. of GDP in January–May 2013 against the first five months of 2012. The reduction of the foregoing budget revenues was basically governed by economic contraction. Furthermore, according to “The Budget Policy Guidelines for 2014 and the 2015-2016 Planning Period” which was posted on the Ministry of Finance’s official website on July 18, 2013, economic growth may slow down for a long period. To date, adverse trends in the Russian economy have had no serious effect on sustainability of the Russia’s budget system. The results of H1 2013 show that the federal budget ran a surplus of 0.9% of GDP, while consolidated budget of the constituent territories of the Russian Federation ran a surplus of 1.0% of GDP in the first five months of 2013

Suggested Citation

  • Tatiana Tishchenko, 2013. "Russia’S State Budget In H1 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 8, pages 24-27, August.
    • Handle: RePEc:gai:recdev:190
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/190Tishchenko.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    State budget;

    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:190. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.