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Fiscal policy

Author

Listed:
  • Igor Arlashkin

    (RANEPA)

  • Barbashova Natalia

    (RANEPA)

  • Ilya Sokolov

    (Gaidar Institute for Economic Policy)

  • Tatiana Tischenko

    (RANEPA)

Abstract

According to the results of the enlarged government budget (EGB) in 2024 relative to 2023, there is an increase in revenues both in nominal (by Rb 11.9 trillion) and in shares of GDP —by 2.0 p. p. GDP and by 10.7% in 2023 prices (Table 5). As a share of GDP, aggregate revenues returned to the level of 2020–2021, which preceded the start of SMO.

Suggested Citation

  • Igor Arlashkin & Barbashova Natalia & Ilya Sokolov & Tatiana Tischenko, 2025. "Fiscal policy," Published Papers ppaper-2025-1405, Gaidar Institute for Economic Policy, revised 2025.
    • Handle: RePEc:gai:ppaper:ppaper-2025-1405
    as

    Download full text from publisher

    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2025-1405.pdf
    File Function: Revised Version, 2025
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    More about this item

    Keywords

    Russian economy; intergovernmental relations; fiscal policy; budget system; revenues; expenditures; Bank of Russia;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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