[Региональные Бюджеты В 2021 Г.: Сформирована Подушка Безопасности]"> [Региональные Бюджеты В 2021 Г.: Сформирована Подушка Безопасности]"> [Регионал">
[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/r2230.html
   My bibliography  Save this article

Regional Budgets in 2021: Safety Cushion has been Created
[Региональные Бюджеты В 2021 Г.: Сформирована Подушка Безопасности]

Author

Listed:
  • Alexander N. Deryugin

    (Russian Presidential Academy of National Economy and Public Administration; Gaidar Institute for Economic Policy)

Abstract
In 2021, the performance indexes of consolidated regional budgets (growth rates; total budget revenues and own tax plus non-tax revenues; nominal and real volumes of aggregate budget surplus) updated the all-time high of the last decade. In 2022, this will provide an opportunity to mitigate the effects of the crisis, and the reduction in the share of expensive commercial loans servicing will increase the debt sustainability of the regions against the backdrop of rising interest rates in the economy. The structure of regional expenditures in 2021 remained stable, and its main changes were related to the completion of anti-crisis measures in 2020 and the reorientation of some expenditures to areas related to capital investments (housing and utilities sector and transport).

Suggested Citation

  • Alexander N. Deryugin, 2022. "Regional Budgets in 2021: Safety Cushion has been Created [Региональные Бюджеты В 2021 Г.: Сформирована Подушка Безопасности]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 3, pages 52-55, March.
    • Handle: RePEc:gai:recdev:r2230
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/r2230.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    regions’ budgets; revenues of regional budgets; expenditures of regional budgets; intergovernmental fiscal transfers; regional debt;
    All these keywords.

    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:r2230. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.