site map
Gateway to Russia
 RUSSIA IN FACTS
04 March 2004 03:42
Russia posts federal budget surplus of 228.2 bln rubles
MOSCOW. March 4 (Interfax) - Russia's federal budget surplus totaled 228.2 billion rubles in 2003, the State Statistics Committee reported Thursday. The country saw a surplus of 150.5 billion rubles in 2002. Revenue in 2002 totaled 2.58 trillion rubles, against 2.2 trillion in 2002. The revenues included 2.39 trillion rubles in taxes, compared with 2.03 trillion rubles. Federal spending totaled 2.35 trillion rubles, compared with 2.05 trillion rubles in 2002. Revenues included 882.1 billion rubles in VAT, 452.8 billion rubles in foreign trade-related taxes, 252.5 billion rubles in excises, 249.5 billion rubles in mineral development charges, 170.9 billion rubles in corporate profits tax, 173.7 billion rubles in non-tax payments, 14.3 billion rubles in special-purpose budgetary fund revenues and 364.6 billion rubles in unified social tax. Spending included 355.7 billion rubles on national defense, 220.9 billion rubles on state debt servicing, 304.8 billion rubles on social and cultural areas, 247.9 billion rubles on law enforcement and state security, 796.3 billion rubles on aide to budgets at other levels of government, 14.3 billion rubles on special budgetary fund expenditures, 66.7 billion rubles on civil service and local governments, 68.7 billion rubles on industry, energy and construction and 44.7 billion on highways. Interest payments on state debts decreased to 9.4% of total spending. In 2002, these expenditures accounted for 11.2% of spending. [RU ASIA EUROPE EEU EMRG ECI GVD DBT] me <>
[Interfax]
Subscription to the daily news digest
Click here to subscribe to the daily news digest.
You will be able to choose your own topics of interest.
Your e-mail address will be kept confidential and will be used exceptionally for sending you this digest.
MOST POPULAR ARTICLES
MORE OF THE LATEST NEWS
Kremlin economics guru explains growth and poverty-reduction
A sense of confidence and a sense of risk
YUKOS agrees to become state company
Putin: No bankruptcy for YUKOS
Russia increases oil production
China`s Military Sacrilege
Gazprom`s net profit up 64% in 2003
YUKOS CFO wants to resign
Khodorkovsky hearing recessed again
Russia to sort out Soviet-era debt
Ingushetia mourns attack victims
PM urges balance between state and business
top.php">Send article by e-mail
Get more info about Russia

Contact Us

© Copyright Gateway to Russia 2003

The site is created and administrated by Expert Group within the framework of exclusive contract with the Financial Times