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According to tentative estimates of the Ministry of Finance of Russia, the federal budget for January 2013 was executed with a deficit of 1.8% of GDP, while in the same period of the last year the federal budget was executed with a surplus of 0.7% of GDP. A significant difference in the results...
Persistent link: https://www.econbiz.de/10013084806
In 2012, federal budget revenues increased by 0.6 p.p. of GDP against the previous year. As per results of 11 months of 2012, revenues to the consolidated budget of the Subjects of the Russian Federation have decreased by 1.4 p.p. of GDP as compared with the same period of the last year. In...
Persistent link: https://www.econbiz.de/10013086069
Federal budget revenues in January-November of this year totaled to Rb 11406.8bn, or 20.5% of GDP, expenditures made Rb 10615.5bn, or 19.1% of GDP. In the past 11 months the federal budget was executed with a surplus of 1.4% of GDP. Meanwhile, the federal budget dynamics in the last three months...
Persistent link: https://www.econbiz.de/10013087969
As of 1 November 2012, the federal budget was executed with a surplus of 1.4% of GDP. The size of federal budget revenue over the period of January – October 2012 amounted to Rb 10,455.4bn, or 20.9% of GDP, that of federal budget expenditure – to Rb 9,735.8bn, or 19.5% of GDP. On 30 October...
Persistent link: https://www.econbiz.de/10013089274
According to the Federal Treasury, the federal budget for the first nine months of 2012 was executed with a surplus of Rb 637.8bn, or 1.5% of GDP. The sustained for several months federal budget surplus and the growth rate of non-oil and gas revenues provide grounds to suggest that as of the...
Persistent link: https://www.econbiz.de/10013089548
According to the Federal Treasury, in January‐August 2012, federal budget revenues amounted to 22.0% of GDP, which is by 0.1 percentage points GDP higher than in the corresponding period of the last year. The federal budget expenditures over eight months of the year have increased by 1.0 p.p....
Persistent link: https://www.econbiz.de/10013089663
According to the Federal Treasury, federal budget revenues contracted 1.5 p.p. of GDP year-over-year in the period of January thru October 2013, including oil & gas revenues which dropped 0.9 p.p. of GDP. In the period of January thru September 2013 consolidated budget revenues of the...
Persistent link: https://www.econbiz.de/10013071432
According to data released by the RF Federal Treasury, in Q3 2013 the decline in federal budget revenues was occurring at a slightly slower rate than previously. Thus, over the course of January-September 2013, the federal budget's revenue and its oil and gas revenues dropped by 1.7 p.p. of GDP...
Persistent link: https://www.econbiz.de/10013072536
According to the Federal Treasury's estimates, the volume of federal budget revenue over the first 7 months of 2013 dropped by 2.2 p.p. of GDP on the corresponding period of 2012. As a positive fact, it can be noted that the rate of decline in the volume of federal budget expenditure as a share...
Persistent link: https://www.econbiz.de/10013074787
According to the Federal Treasury data, over January-July 2015, Russia's federal budget revenues contracted 1.3 p.p. of GDP, and expenditures went up 3.3 p.p. of GDP on the same period of the previous year. Revenues and expenditures of the consolidated budgets of the constituents of the Russian...
Persistent link: https://www.econbiz.de/10013014809