{"title":"Administration of the Federal Budget for Nine Months of 2018: Moderate Optimism","authors":"T. Tischenko","doi":"10.2139/ssrn.3296265","DOIUrl":null,"url":null,"abstract":"In January-September 2018, dynamics of federal budget revenues sped up. Based on the results of the past three quarters, their growth was equal to 2.4 p.p. of GDP (up to 18.9% of GDP). Administration of the budget as regards expenditures lags behind the rates of the previous year. Such trends permitted to facilitate a 3.5% of GDP surplus of the federal budget.","PeriodicalId":127865,"journal":{"name":"Political Economy: Budget","volume":"08 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2018-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Political Economy: Budget","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3296265","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
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Abstract
In January-September 2018, dynamics of federal budget revenues sped up. Based on the results of the past three quarters, their growth was equal to 2.4 p.p. of GDP (up to 18.9% of GDP). Administration of the budget as regards expenditures lags behind the rates of the previous year. Such trends permitted to facilitate a 3.5% of GDP surplus of the federal budget.
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