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and functions. based on the Law “On the Central Bank of the Rus( Budget deficit/surplus — excess of budgetary sian Federation (Bank of Russia)” dated

sector can and, therefore, not included in the balance of payments of Rus be regarded as a “net creditor” or “net debtor” vis а vis

by legal and, therefore, not included in the balance of payments of Rus entities, goods imported by individuals for the subsequent sell sia. Changes due

General government ments; arrears on the current transactions of the Minfin of Rus debt). sia; arrears on loans attracted by local governments of Russia; Nonfinancial

and liabilities and, therefore, not included in the balance of payments of Rus at end of period sia. Changes due to revaluation cover net changes

General Provisions and, therefore, not included in the balance of payments of Rus sia. Changes due to revaluation cover net changes in assets/lia International

for 2004 and, therefore, not included in the balance of payments of Rus sia. Changes due to revaluation cover net changes in as General Provisions

opened with operating credit balance sheets of credit institutions (excluding branches of Rus- institutions in the Russian Federation currency and accrued sian credit institutions abroad

of period and, therefore, not included in the balance of payments of Rus Table 1.9.2 sia. Changes due to revaluation cover net changes

Accounts of Monetary Authorities”). balance sheets of credit institutions (excluding branches of Rus- Non-cash funds comprise the balances of funds kept by sian credit institutions