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Federal Budget Execution for Three Quarters of 2021
[Исполнение Федерального Бюджета За Первые Три Квартала 2021 Г]

Author

Listed:
  • Belev Sergey

    (Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration)

  • Tischenko Tatyana

    (Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration)

Abstract

Revenue receipts to the federal budget are above planned volumes both for the oil and gas and the non-oil and gas components. According to results for three quarters of 2021, federal budget revenues amounted to Rb 17.9 trillion, which is equivalent of 95.5% of the projected annual volume and 35.6% higher than revenues for the same period last year. Federal budget expenditures for the three quarters of 2021 increased by Rb 1.4 trillion compared to the same period in 2020 with cash execution of 76.6% of the annual approved volumes.

Suggested Citation

  • Belev Sergey & Tischenko Tatyana, 2021. "Federal Budget Execution for Three Quarters of 2021 [Исполнение Федерального Бюджета За Первые Три Квартала 2021 Г]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 12, pages 4-7, December.
    • Handle: RePEc:gai:recdev:r21127
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    More about this item

    Keywords

    federal budget; revenue; oil and gas revenues; non-oil and gas revenues; expenditure; taxes;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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