According to the data released by the RF Federal Treasury, over the period of January-February 2013 Russia’s federal budget revenues amounted to Rb 1,980.0bn (a decline of 2.3 p.p. of GDP on the same period of 2012). Over that period, the federal budget’s revenues from VAT, tax on mineral...

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...

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...

In 2014, Russia's budgetary sphere was operating under the cumulative influence of several negative factors. A further slowdown in the national economy's growth rate to 0.6% (vs. 1.3% in 2013) occurred due to the declining prices of oil in the second half-year of 2014. The average annual price...

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...

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...

According to data released by the RF Ministry of Finance, the period-end results for January-February 2015 demonstrate that federal budget revenue shrank by 0.6 pp. of GDP, while expenditure increased by 7.1 pp. of GDP on the same period of the previous year. The data on the execution of the...

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...

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,...

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...