IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/431.html
   My bibliography  Save this article

Russia’S State Budget In January-October 2014

Author

Listed:
  • Tatiana Tishchenko

    (Gaidar Institute for Economic Policy)

Abstract

According to the data of the Federal Treasury, in January–October 2014 federal budget revenues increased by 0.6 p.p. of GDP on the respective period of 2013 due to growth in oil and gas revenues. Within ten months of 2014, federal budget expenditures fell by 0.2 p.p. of GDP on the respective period of the previous year; in January–October 2014 the surplus of the federal budget amounted to 1.9% of GDP. Despite the impact of numerous external and internal negative factors, such as sanctions, a decrease in prices on hydrocarbons and slowdown of economic growth rates, the Government of the Russian Federation refused for the time being to revise the main parameters of the federal budget for the next three-year period and on November 21, 2014 the draft federal budget was approved by the Lower Chamber of the Federal Assembly without signifi cant changes.

Suggested Citation

  • Tatiana Tishchenko, 2014. "Russia’S State Budget In January-October 2014," Russian Economic Development, Gaidar Institute for Economic Policy, issue 12, pages 19-22, December.
    • Handle: RePEc:gai:recdev:431
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/431Tishchenko.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:431. 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.