Federal budget revenues contracted 1.4 p.p. of GDP at the end of the period of January thru December 2013. The consolidated budget of the constituent territories of the Russian Federation fell 1.1 p.p. of GDP in the period of January 2013 thru November 2013 as compared to the corresponding...

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...

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...

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...

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...

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. of...

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...

According to the Federal Treasury, within January–March 2013, the federal budget revenues decreased by 2.1 p.p. of GDP as compared with the same period of the last year due to a reduction of oil and gas revenues by 1.8 p.p. of GDP and non-oil revenues by 0.3 p.p. of GDP. Despite the reduction...

According to the data released by the RF Federal Treasury, over the period of January-February 2013 Russia’s federal budget revenues amounted to Rb 1,980.0bn (a decline of 2.3 p.p. of GDP on the same period of 2012). Over that period, the federal budget’s revenues from VAT, tax on mineral...

According to data released by the RF Federal Treasury, Russia's federal budget revenue over the period of January–November 2014 increased by 0.5 p.p. of GDP on the same period of 2013 due to growth, by 0.5 p.p. of GDP, of the volume of oil and gas revenue.The main factor responsible for the...