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Russian Federation: Fiscal Transparency Evaluation

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  • International Monetary Fund

Abstract

This paper discusses key findings of the pilot Fiscal Transparency Evaluation for the Russian Federation. Most aspects of Russia’s fiscal reporting and budgeting practices are in line with good or advanced practice under the July 2013 draft of the Fiscal Transparency Code. The disclosure and management of fiscal risks has significantly improved in recent years. The evaluation highlights a number of important areas where fiscal transparency practices could be further improved. Addressing these gaps in fiscal transparency practices would enable the government to provide a more complete picture of its fiscal position, prospects, and risks.

Suggested Citation

  • International Monetary Fund, 2014. "Russian Federation: Fiscal Transparency Evaluation," IMF Staff Country Reports 2014/134, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2014/134
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=41579
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    Citations

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    Cited by:

    1. Alexander D. Andryakov, 2018. "International Experience and Russian Practice," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 59-70, December.
    2. Abramov, Alexander & Radygin, Alexander & Chernova, Maria, 2017. "State-owned enterprises in the Russian market: Ownership structure and their role in the economy," Russian Journal of Economics, Elsevier, vol. 3(1), pages 1-23.
    3. Rachel F Wang & Mr. Timothy C Irwin & Lewis K Murara, 2015. "Trends in Fiscal Transparency: Evidence from a New Database of the Coverage of Fiscal Reporting," IMF Working Papers 2015/188, International Monetary Fund.

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