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The characteristic features of the federal budget

Author

Listed:
  • Mamedov Arseny

    (Gaidar Institute for Economic Policy)

  • Fomina Elena

    (Gaidar Institute for Economic Policy)

  • Tishchenko Tatiana

    (Gaidar Institute for Economic Policy)

  • Khuzina Alfia

    (Gaidar Institute for Economic Policy)

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).

Suggested Citation

  • Mamedov Arseny & Fomina Elena & Tishchenko Tatiana & Khuzina Alfia, 2017. "The characteristic features of the federal budget," Published Papers ppaper-2017-294, Gaidar Institute for Economic Policy, revised 2017.
    • Handle: RePEc:gai:ppaper:ppaper-2017-294
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2017-294.pdf
    File Function: Revised version, 2017
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    More about this item

    Keywords

    Russian economy; budget system; tax revenues; budget parameters;
    All these keywords.

    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus

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