Regional Budgets: Growth in Revenues and Decrease in the Debt Burden

Monitoring of Russia's Economic Outlook. Moscow. 2018. No. 15, pp. 13-16

4 Pages Posted: 10 Oct 2018

See all articles by Alexander Deryugin

Alexander Deryugin

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Business Studies; Financial Research Institute of the Ministry of Finance of the Russian Federation; Gaidar Institute for Economic Policy

Date Written: September 17, 2018

Abstract

According to the results of H1 2018, the growth rates of revenues of consolidated budgets of constituent entities of the Russian Federation largely exceeded the current level of the rate of inflation, so, at year-end most regional and local budgets can expect growth in their real incomes. A recent decrease in the debt burden of the less well-off constituent entities is another evidence of the financial situation getting back to normal at the regional level.

Keywords: Russian economy, regional budgets

JEL Classification: H71, H74, H76, H77

Suggested Citation

Deryugin, Alexander, Regional Budgets: Growth in Revenues and Decrease in the Debt Burden (September 17, 2018). Monitoring of Russia's Economic Outlook. Moscow. 2018. No. 15, pp. 13-16, Available at SSRN: https://ssrn.com/abstract=3250675 or http://dx.doi.org/10.2139/ssrn.3250675

Alexander Deryugin (Contact Author)

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Business Studies ( email )

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Financial Research Institute of the Ministry of Finance of the Russian Federation ( email )

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Gaidar Institute for Economic Policy ( email )

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