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Russia ran a budget surplus from 2001 to 2008 when a financial crisis occurred. Although the government revised its budget projections during 2009 to reflect lower oil prices and the effects of the economic crisis, it ended the year with a budget deficit amounting to 7.9% of GDP, which it financed from the Reserve Fund, one of the government's ...
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
The plans for next year envisage a small budget deficit, with revenues expected at 35 trillion roubles, Mishustin said in a televise ... Russia plans to increase budget spending by 25.8% to 36.6 ...
Russian President Vladimir Putin on Monday signed a national budget for the next three years that increases spending by around 25% and reportedly devotes a record amount to defense as the the ...
Russia: 36.559 34.312 -2.248 ... List of sovereign states in Europe by budget revenues per capita; United States: List of U.S. state budgets; References
Despite increases in Russian budget revenues, mostly the result of a devalued ruble, continuously growing inflation (hence growing revenues from sales tax), and new levies and taxes all over the ...
In 2023, the budget deficit in December 2022 of 3.8 trillion rubles (€49.4 billion) [31] and the effect of the 2022 Russian crude oil price cap sanctions required $38.1 billion to be withdrawn, with further withdrawals expected in 2023 as a result of the continuing sanctions over crude oil.
Russia's parliament approved a federal budget Wednesday that increases spending by around 25% in 2024-2026 and devotes a record amount to defense. The budget was passed unanimously by the ...