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- W3204282480 abstract "The budget system revenues of the Russian Federation in 2020 shrank by Rb3.4 trillion in real terms compared to the previous year, or by 8.6% at constant prices (Table 6) on the back of reduced oil and gas revenues. For this reason, the proportion of oil and gas revenues in the total budget revenues of the enlarged government declined in 2020 to 13.1% against 20.9% in 2019. For non-oil and gas revenues, there is a slight increase of Rb118.0 bn or by 0.4% in constant prices, which was achieved during the crisis on the back of the transfer to the federal budget of the Bank of Russia profit obtained from the sale of equity stake in Sberbank (reflected under other income). In the total revenue side of the expanded government’s budget, the federal budget revenues decreased to 49.4% in 2020, compared to 51.1% in 2019." @default.
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- W3204282480 date "2021-01-01" @default.
- W3204282480 modified "2023-09-24" @default.
- W3204282480 title "Russia’s Fiscal Policy in 2020" @default.
- W3204282480 doi "https://doi.org/10.2139/ssrn.3904666" @default.
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