National Budget in January-August 2013

Russian Economic Developments. Moscow, 2013, #10. pp.30-33

4 Pages Posted: 30 Oct 2013

See all articles by Tatiana Tischenko

Tatiana Tischenko

Gaidar Institute for Economic Policy; Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research

Date Written: October 30, 2013

Abstract

Russia’s Federal Treasury reports that in the period of January thru August 2013 federal budget revenues and expenditures contracted by 2.2 and 1.7 p.p. of GDP respectively, as compared to the corresponding period in 2012. At the end of eight months of 2013 the federal budget ran a surplus of Rb 391.1bn, or 0.9% of GDP, having declined by 0.5 p.p. of GDP against the value observed in January-August in the previous year. Federal budget oil and gas deficit in January-August 2013 contracted by 0.8 p.p. of GDP as compared to the corresponding period of the previous year, and accounted for 8.9% of GDP.

Keywords: Russian economy, state budget

JEL Classification: H61, H50, H20, H70

Suggested Citation

Tischenko, Tatiana, National Budget in January-August 2013 (October 30, 2013). Russian Economic Developments. Moscow, 2013, #10. pp.30-33, Available at SSRN: https://ssrn.com/abstract=2347329 or http://dx.doi.org/10.2139/ssrn.2347329

Tatiana Tischenko (Contact Author)

Gaidar Institute for Economic Policy ( email )

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Applied Economic Research ( email )

Russia

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
16
Abstract Views
296
PlumX Metrics