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This paper deals with 2011 Russia's state budget. Authors speak about general characterisitcs of the budget system in Russia. They analyse revenues from major taxes and main parameters of the federal budget in 2011 and for 2012-2014, explain budget expenditures and give prospects of the...
Persistent link: https://www.econbiz.de/10013079482
In 2014, Russia's budgetary sphere was operating under the cumulative influence of several negative factors. A further slowdown in the national economy's growth rate to 0.6% (vs. 1.3% in 2013) occurred due to the declining prices of oil in the second half-year of 2014. The average annual price...
Persistent link: https://www.econbiz.de/10012970731
This paper deals with 2011 Russia's state budget. Authors speak about general characterisitcs of the budget system in Russia. They analyse revenues from major taxes and main parameters of the federal budget in 2011 and for 2012-2014, explain budget expenditures and give prospects of the...
Persistent link: https://www.econbiz.de/10013103563
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