0,0%
39852,1
0,6%
1.14. Other domestic borrowing
-34099,0
-0,5%
12030,1
0,2%
-22068,9
-0,3%
1.15. Credits and loans to extra-budgetary funds
0,0
0,0%
-933,1
0,0%
-933,1
0,0%
TOTAL DOMESTIC FINANCING
-2447,2
0,0%
-5295,8
-0,1%
-139619,4
-2,0%
-143067,1
-2,1%
2.External financing
2.1.Loans from international financial institutions
-74396,5
-1,1%
-1570,4
0,0%
-75966,9
-1,1%
2.2.Foreign government loans to RF
-38381,4
-0,6%
0,0
0,0%
-38381,4
-0,6%
2.3.Loans from foreign commercial banks and companies toRF
-9045,9
-0,1%
-2981,7
0,0%
-12027,6
-0,2%
2.4.Other foreign financing
-31847,3
-0,5%
-23015,0
-0,3%
-54862,2
-0,8%
2.5.Change in bank account balances of budget funds, in foreignexchange
-18238,0
-0,3%
-351,3
0,0%
-18589,3
-0,3%
Difference in exchange rates
890,2
0,0%
-722,1
0,0%
168,1
0,0%
TOTAL FOREIGN FINANCING
-171018,9
-2,5%
-28640,6
-0,4%
0,0
0,0%
-199659,5
-2,9%
TOTALFINANCING
-173466,1
-2,5%
-33936,4
-0,5%
-139619,4
-2,0%
-342726,6
-4,9%
Budgetary process in year2001
Federal law УOn the Federal Budget for Year2001Ф was approved at the fourth reading on December 14, on December 20 it wasapproved by the Council of Federation, and singed by the President on December27, 2000.
Budgetary revenues are balanced againstexpenditures and set at Rub. 1193 billion (15.4 per cent of GDP). The share oftax revenues in the total revenues is at 93 per cent.
The 2001 federal budget envisages an increasein expenditures (by 1.7 percentage points of GDP) and a decrease in revenues(by 0.8 percentage points) as compared to the budget for year 2000.
The budget for year 2001 sets the level oftax revenues at 3 per cent over and the level of total revenues at 5 per centbelow the actual administration of the 2000 federal budget as measured incomparable prices. The expenditures shall by 12 per cent exceed theadministration of the budget for year 2000.
An increase in indirect taxes (excises andVAT shall by 30 per cent exceed the administration of the budget for year 2000as measured in comparable prices) and a sharp decrease in income tax accountfor the noticeable changes in the structure of tax revenues. The changes in VATare explained by the fact that in year 2001 all VAT-generated revenues shall beentered to the federal budget, the increase in excises is attributed to theimposition of excise taxes on diesel fuels and higher taxation rates foralcohol beverages and gasoline, and the decrease in income tax revenuesresulted from the redistribution of these revenues in favor of territorialbudgets.
Table 1.11
Rub. mil. | % GDP | Rub. mil. | % GDP | Rub. mil. | % GDP | |
Profit tax | 172647 | 2,2% | 171009 | 2,5% | 178603 | 2,6% |
Personal income tax | 1903 | 0,0% | 27543 | 0,4% | 27321 | 0,4% |
Value Added Tax | 516436 | 6,7% | 366751 | 5,3% | 371812 | 5,4% |
Excises | 188040 | 2,4% | 131534 | 1,9% | 131039 | 1,9% |
Fees for use of naturalresources | 37184 | 0,5% | 17841 | 0,3% | 18635 | 0,3% |
Taxes on foreign trade and foreigneconomic operations | 192315 | 2,5% | 226842 | 3,3% | 229256 | 3,3% |
Other taxes, fees andduties | 6802 | 0,1% | 2271 | 0,0% | 8817 | 0,1% |
Tax revenues | 1115328 | 14,4% | 949913 | 13,7% | 965482 | 13,9% |
Revenue from government property oractivity | 26833 | 0,3% | 24732 | 0,4% | 28552 | 0,4% |
Revenue from foreign economicoperations | 31498,8 | 0,4% | 34387 | 0,5% | 36403 | 0,5% |
Other non-tax revenues | 5929,5 | 0,1% | 4671 | 0,1% | 4952 | 0,1% |
Non-tax revenues | 64261,3 | 0,8% | 63789 | 0,9% | 69906 | 1,0% Pages: | 1 | ... | 15 | 16 | 17 | 18 | Книги по разным темам |