Download or read book Russia s State Budget in January 2015 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the preliminary data of the Ministry of Finance of the Russian Federation, on the basis of the results of January 2015 the federal budget revenues fell by 0.8 p.p. of GDP, while the expenditures rose by 14.0 p.p. of GDP as compared to the same period of the previous year. The annual data on execution of the consolidated budget of constituent entities of the Russian Federation in 2014 shows growth of 0.2 p.p. of GDP in the revenues and a decrease of 0.1 p.p. in the expenditures as compared to January-December 2013. On the basis of the results of the first month of 2015, the federal budget deficit amounted to 5.4% of GDP, while the consolidated budget of constituent entities of the Russian Federation was executed in January-December 2014 with a deficit of 0.6% of GDP.

Download or read book Russia s State Budget in January November 2015 written by Tatiana Tischenko and published by . This book was released on 2016 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the data released by the Federal Treasury, by the period-end for January-November 2015 the federal budget revenues as a share of GDP have reached their high of 18.0% of GDP during eleven months of the current year. Prior to that, the lowest indicator for the federal budget revenues as a share of GDP was registered as of the period-end for January-May and January-August - 19.0% of GDP.

Download or read book Russia s State Budget in January August 2015 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the Federal Treasury, as of the period-end results for January-August 2015 the federal budget revenues contracted 1.6 p.p. of GDP, and expenditures went up 2.5 p.p. of GDP in comparison with the same period of the last year. Revenues and expenditures of the consolidated budget of the constituents of the Russian Federation as of the period-end results for seven months of the current year against seven months of the previous year went up 1.1 and 0.4 p.p. of GDP, respectively. The federal budget deficit as of the period-end results for January-August 2015 amounted to 2.1% of GDP down 4.1 p.p. of GDP against the federal budget surplus over seven months of the last year. The consolidated budget of the constituents of the Russian Federation as of the period-end results for seven months 2015 was executed with a surplus of 1.4% of GDP or up 0.6 p.p. against seven months of the previous year.

Download or read book Russia s State Budget in January December 2015 written by Tatiana Tischenko and published by . This book was released on 2016 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the data released by the Federal Treasury, by the period-end for January-December 2015 the federal budget revenues came to 18.2% of GDP down 2.2 p.p. of GDP against twelve months of 2014. For January-December 2015, the consolidated budget revenues of the RF subjects as a share of GDP moved up by 0.3 p.p. of GDP against eleven months of the previous year and constituted 12.2% of GDP. At the same time, proper revenues of the regional budgets for January-November 2015 went up by 0.4 p.p. of GDP in comparison with the same period 2014.

Download or read book Russia s State Budget in January May 2015 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the recent data released by the Federal Treasury, within January-May 2015 the federal budget revenues contracted by 2.2 p.p. of GDP, and the expenses went up by 3.3 p.p. of GDP on the same period of the previous year. Revenues and expenses of the consolidated budget of the subjects of the Russian Federation over January-April 2015 went up 1.1 and 0.3 p.p. of GDP, respectively. The amount of the federal budget deficit for the first five months of 2015 constituted 3.7% of GDP, while the consolidated budget of RF subjects over January-April of 2015 has been executed with a surplus of 2.4% of GDP. On 25 June 2015, the RF Government approved in principle basic parameters of the 2016 Federal Budget and planned period of 2017-2018 taking account of latest trends in the GDP movement and oil prices, long-term risks and challenges including linked to structural and demographic imbalances in the economy.

Download or read book Russia s State Budget in January October 2015 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the data released by the Federal Treasury, by the period end for January-October 2015 the federal budget revenues contracted by 1.1 p.p. of GDP and expenditures moved up by 2.2 p.p. of GDP compared to the same period last year. As a result, the federal budget deficit constituted 1.3% of GDP. Revenues and expenditures of the consolidated budget of the subjects of the Russian Federation over nine months of the current year against January-September 2014 increased by 0.8 and 0.4 p.p. of GDP, respectively. The surplus of the consolidated budget of RF subjects has come to 0.7% of GDP as of the period-end for nine months of the current year.

Download or read book Russia s State Budget in January April 2015 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the recent data released by the Federal Treasury, within January-April 2015 the federal budget revenues fell by 0.6 p.p. of GDP and the expenses went up by 4.7 p.p. of GDP on the same period of the previous year. Revenues and expenses of the consolidated budget of the subjects of the Russian Federation over January-March 2015 went up by 1.1 and 0.3 p.p. of GDP respectively. The amount of the federal budget deficit for the first four months of 2015 constituted 4.7% of GDP, while the consolidated budget of RF subjects over January-March of 2015 has been executed with a surplus of 1.5% of GDP. Dynamics of the main parameters of the federal and consolidated budgets of RF subjects post a variety of trends and confirm both most optimistic projections about the end of the acute phase of the Russian economic crisis and the most pessimistic projections about the GDP contraction by 2.5% by the year-end of 2015. A number of interrelated factors both internal and external and their unpredictability have aggravated the problem of feasibility of socio-economic development forecast for selecting main parameters of the budgetary system of the Russian Federation for the medium term.

Download or read book Russia s State Budget in January June 2015 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the data recently released by the Federal Treasury, over January-June 2015, the federal budget revenues contracted 1.9 p.p. of GDP, and expenditures went up 2.6 p.p. of GDP on the same period of the previous year. Revenues and expenditures of the consolidated budgets of the constituents of the Russian Federation over January-May 2015 increased 1.1 and 0.2 p.p. of GDP on five months of the previous year, respectively. Positive dynamics of the federal budget defi cit reduction are observed: by the end of five months 2015, the deficit constituted 3.7% of GDP, and then at the period-end results for six months 2015, it came to barely 2.6% of GDP. Consolidated budget of the RF constituents by the period-end results for five months 2015, was executed with a surplus of 2.0% of GDP.

Download or read book Russia s State Budget in January July 2015 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the Federal Treasury data, over January-July 2015, Russia's federal budget revenues contracted 1.3 p.p. of GDP, and expenditures went up 3.3 p.p. of GDP on the same period of the previous year. Revenues and expenditures of the consolidated budgets of the constituents of the Russian Federation over six month of the current year up 1.0 and 0.3 p.p. of GDP on six months of the previous year, respectively. The federal budget deficit for January-July 2015 constituted 2.8% of GDP, which is down 4.4 p.p. of GDP of the federal budget balance over seven months last year. Consolidated budget of the subjects of the Russian Federation by the period-end for six months 2015 was executed with a surplus of 1.0% of GDP or up 0.7 p.p. against six months 2014. The quality of state government and effectiveness of budget expenditure are becoming dominant domestic factors of budget system sustainability, its ability to adjust to risks amid falling prices on hydrocarbons and economic growth slowdown.

Download or read book Russia s State Budget in January September 2015 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the Federal Treasury, as of the period-end results for January-September 2015 the federal budget revenues contracted 1.3 p.p. of GDP and expenditures went up 2.4 .p. of GDP in comparison with the same period of the previous year. Revenues and expenditures of the consolidated budget of the constituents of the Russian Federation over eight months of the current year against the same period of the previous year increased by 0.6 and 0.2 p.p. of GDP, respectively. The federal budget deficit as of the period-end results for January-September 2015 came to 1.5% of GDP which is by 3.7 p.p. of GDP lower than the federal budget surplus over nine months of the previous year. Consolidated budget of the constituents of the Russian Federation as of the period-end results for eight months of 2015 was executed with a surplus of 1.0% of GDP or up 0.4 p.p. against January-August of the previous year. Reduction of the federal budget deficit in the medium-term remains the principal task of the RF Government. Anton Siluanov the Russian Finance Minister noted that as of the current year-end the federal budget deficit would not exceed 3% of GDP. Draft 2016 federal budget was also compiled with a deficit of 3% of GDP. However, in the coming 2017-2018 the federal budget deficit will be decreasing by a minimum of 1 p.p. of GDP annually. Despite the firm Finance Ministry stance against the increase of the federal budget expenditure1 reduction of the federal budget expenditure is limited in the medium-term and even during the execution of the current budget, the federal government is forced to take decisions which result to an increase in the budgetary allocations.

Download or read book The State Budget in Q1 2015 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the preliminary data of the Ministry of Finance of the Russian Federation, on the basis of the results of January-March 2015 the federal budget revenues fell by 0.9 p.p. of GDP, while the expenditures increased by 5.1 p.p. of GDP as compared to the same period of the previous year. In January-February 2015, the revenues of the consolidated budget of constituent entities of the Russian Federation fell by 0.5 p.p. of GDP, too, while the expenditures rose by 0.1 p.p. of GDP as compared to two months of 2014. On the basis of the results of three months of 2015, the deficit of the federal budget amounted to 4.9% of GDP, while the consolidated budget of constituent entities of the Russian Federation was executed in January-February 2015 with a deficit of 2.0% of GDP.

Download or read book The State Budget in January April 2014 written by Tatiana Tischenko and published by . This book was released on 2014 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the data of the Federal Treasury, in January-April 2014 the federal budget revenues rose by 0.9 p.p. of GDP as compared to the respective period of the previous year due to accelerated growth of 1.2 p.p. of GDP in oil and gas revenues. In January-March 2014, revenues of the consolidated budget of constituent entities of the Russian Federal on fell by 0.7 p.p. of GDP against the first months of 2013. On the basis of the results of January-April 2014, the federal budget is executed with surplus of 0.3% of GDP; there was surplus of 0.7% of GDP on the basis of the results of execution of the consolidated budget of constituent entities of the Russian Federation in January-March 2014, too.

Download or read book The State Budget in January September 2014 written by Tatiana Tischenko and published by . This book was released on 2014 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the data of the Federal Treasury, in January-September 2014 federal budget revenues rose by 0.8 p.p. of GDP as compared to the respective period of the previous year. Within 9 months of 2014, oil and gas revenues of the federal budget increased by 0.6 p.p. of GDP, while non-oil and gas revenues, by 0.2 p.p. of GDP as compared to the respective period of 2013. Within the same period, federal budget expenditures decreased by 0.2 p.p. of GDP as compared to January-September 2013; on the basis of the results of execution of the federal budget in January-September 2014 a surplus of 2.2 p.p. of GDP of the federal budget was registered. Despite the forecasted further decrease in oil prices to $80 a barrel, the Government of the Russian Federation does not plan to introduce changes in the draft federal budget for 2015 and the 2016-2017 period which is currently considered in the State Duma.

Download or read book Russia s State Budget in January November 2014 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 upward movement of the oil and gas revenue index (and the corresponding upward movement of federal budget revenue) in face of plummeting world oil prices (to $60 per barrel) was the ruble's dramatic weakening against the USD and euro. Thus, the federal budget surplus of 1.9 % of GDP achieved over the first eleven months of 2014, as well as the surplus of 0.4 % of GDP in the consolidated budget of RF subjects achieved over the ten months of 2014, can by no means be regarded as manifestations of the budget system's sustainability as a whole. As early as late October 2014, Moody's Investors Service rating agency downgraded Russia's credit rating index from Baa1 to Baa2, pointing out in this connection that any further weakening of this country's national currency will have an extremely negative effect on the economy.

Download or read book Russia s State Budget in January December 2014 written by Tatiana Tischenko and published by . This book was released on 2015 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the preliminary data of the Ministry of Finance of the Russian Federation, on the basis of the results of January-December 2014 both revenues and expenditures of the federal budget rose by 0.3 p.p. of GDP as compared to the same period of the previous year. For 11 months of 2014, the revenues and expenditures of the consolidated budget of constituent entities of the Russian Federation rose, too, by 0.2 and 0.1 p.p. of GDP, respectively, as compared to January-November 2013. On the basis of the results of 2014, the deficit of the federal budget amounted to 0.5% of GDP, while the consolidated budget of constituent entities of the Russian Federation in January-November 2014 was executed with a small surplus of 0.1% of GDP. So, consolidation of negative factors such as a drop in global prices on hydrocarbons and depreciation of the ruble exchange rate has not affected much so far the execution of the revenue and expenditure sides of the federal budget and the consolidated budget of constituent entities of the Russian Federation. However, the Government of the Russian Federation and experts in public finances are unanimous that 2015 is going to become one of the most complicated years for the budget system of Russia in the past 15 years.

Download or read book The State Budget in January August 2014 written by Tatiana Tischenko and published by . This book was released on 2014 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the data of the federal Treasury, in January-August 2014 federal budget revenues rose by 0.9 p.p. of GDP as compared to the respective period of the previous year; within 7 months of 2014 the revenues of the consolidated budget of constituent entities of the Russian Federation rose by 0.2 p.p. of GDP as compared to January-July 2013. Within 8 months of 2014, federal budget expenditures decreased by 0.2 p.p. of GDP as compared to the respective period of 2013; within 7 months expenditures of the consolidated budget of constituent entities of the Russian Federation were 0.1 p.p. of GDP lower than in June-July 2013. On the basis of the results of execution of budgets, surplus is registered: 2.0% of GDP in January-August 2014 as regards the federal budget and 0.7% of GDP in January-July 2014 as regards the consolidated budget of constituent entities of the Russian Federation. On September 18, 2014, the Government of the Russian Federation approved the draft law of the federal budget in the mid-term prospect, while the initial comments on the main parameters of the fiscal policy were given by the Minister of Finance at the Investment Forum in Sochi. According to the Finance Minister, the next year will be the most difficult in terms of financial and economic stability both for the country in general and the private sector and the population in particular.

Download or read book Putin s Third Term as Russia s President 2012 18 written by Larry Black and published by Routledge. This book was released on 2018-12-07 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive and systematic overview of Putin’s third term as Russia’s president. It covers political, international relations, economic and social issues, and provides a balanced assessment of Putin’s successes and failures. These include the conflict in Ukraine, the annexation of Crimea, scandals associated with the Olympics, Russia’s increasing involvement with Asia, including with the Shanghai Co-operation Organisation, and shifts in the economy away from huge reliance on energy resources. The book sets Putin’s activities as president in their wider context, discussing his overall popularity, the weakness of potential opposition and the development of the Russian Federation as a relatively new state.