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The Mechanisms of Forming of Russia’s Non-Oil-and-Gas Budget Balance

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  • A. Kudrin

Abstract

The article contains proposals to enhance the sustainability of long-term fiscal policy in Russia. The new methodology implies separation of those budget revenues that come from oil and gas industries and imposition of specific constraints on their use (oil-and-gas transfer). Definition of non-oil-and-gas budget balance is also presented. Long-term effects of such a new methodology introduction on federal budget parameters are described as well.

Suggested Citation

  • A. Kudrin, 2006. "The Mechanisms of Forming of Russia’s Non-Oil-and-Gas Budget Balance," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 8.
    • Handle: RePEc:nos:voprec:y:2006:id:1769
    DOI: 10.32609/0042-8736-2006-8-4-16
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