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Budget Funds in Accounts of Credit Institutions (millions of rubles) of which Total regional and local federal budget funds other budget funds extra-budgetary funds budget

level of the federal budget, while the consolidated budget of the constituent territories of the Russian Federation and the consolidated budget of government extra-budgetary funds

June–July, growth in monetary aggregates sped up due to expanded lending. Budget operations remained the key drivers of money supply. MONETARY POLICY TRANSMISSION The

Budget Funds in Accounts of Credit Institutions (millions of rubles) of which Total regional and local federal budget funds other budget funds extra-budgetary funds budget

decit of the federal budget Non-oil and gas decit of the budget system Including the adjustment of expenditures to replenish budget recipients’ accounts with the

responsible and well-balanced fiscal policy relying on the fiscal rule. If the budget deficit exceeds the targets, this expansion might provoke additional proinflationary pressure. In

UAE. It highlights four key attributes of cards: safety, help in managing budgets, convenience (no need to carry cash), and cost (offers rewards). Another VISA

indicators of the fiscal system as a whole rather than on federal budget data alone. The Annex to the Report describes the new version of

of the consolidated budgets of the Russian constituent territories somewhat differed from the figures in the federal budget. Revenues in the regional budgets continued to

by households in banks increased significantly (+2.1%), including due to large budget payments. Conversely, corporate funds decreased moderately (-1.0%) in view of tax