08 April 2004 07:45
TAX MINISTRY EXCEEDS Q1 COLLECTION TARGET BY 6%
MOSCOW. April 7 (Interfax) - The Russian Tax Ministry collected 432.1 billion rubles in revenue for the federal
budget in the first quarter 2004, which was 24.5 billion rubles or 6% over target for the quarter, according to
preliminary budget figures from the Russian Finance Ministry.
Single social tax revenue, paid into the Pension Fund to pay the main part of work pensions, amounted to 96.4 billion
rubles, which is 1.66 billion rubles or 1.8% more than target. Budget revenue other than the single social tax amounted
to 335.7 billion rubles, which was 22.83 billion rubles or 7.3% over target.
The Russian State Customs Committee paid 227.2 billion rubles to the federal budget in the first quarter, which was
24 billion rubles or 11.8% over target.
In total, federal budget revenue in January-March 2003, according to preliminary figures amounted to 688.9 billion
rubles, which was 7.8% over target. The Finance Ministry said that actual revenue collected in January-March was 49.7
billion rubles more than the planned level for the quarter. Russian ministry pays 166 bln rubles on foreign debt
MOSCOW. April 7 (Interfax) - Russia's Finance Ministry transferred 166.36 billion rubles to Russia's
foreign creditors in the first quarter of 2004 as principal debt repayment and servicing, the ministry said in an
estimate as part of a budget execution report.
The sum included 96.56 billion rubles paid as principal redemption, with 30.1 billion going to members of the Paris
Club of creditors.
Servicing made up 69.8 billion rubles or 77% of the planned quarterly expenditure. It included 30.91 billion rubles
that went to the Paris Club.
This year's total foreign debt payments are set at 503.63 billion rubles, including 280.44 billion in repaying
the principal and 223.19 billion for servicing.
[Interfax] |
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