Russian Federation: Fiscal Transparency Evaluation

May 26, 2014

Preview Citation

Format: Chicago

Russian Federation: Fiscal Transparency Evaluation, (USA: International Monetary Fund, 2014) accessed November 12, 2024

Also available in: русский

Summary

This paper discusses key findings of the pilot Fiscal Transparency Evaluation for the Russian Federation. Most aspects of Russia’s fiscal reporting and budgeting practices are in line with good or advanced practice under the July 2013 draft of the Fiscal Transparency Code. The disclosure and management of fiscal risks has significantly improved in recent years. The evaluation highlights a number of important areas where fiscal transparency practices could be further improved. Addressing these gaps in fiscal transparency practices would enable the government to provide a more complete picture of its fiscal position, prospects, and risks.

Subject: Budget planning and preparation, Expenditure, Financial statements, Fiscal reporting, Fiscal risks, Public financial management (PFM)

Keywords: Africa, Annual budget, Australia and New Zealand, Balance sheet, Budget planning and preparation, CR, Federal budget, Financial activity, Financial statements, Fiscal policy, Fiscal reporting, Fiscal risks, General government balance sheet, Global, Investment fund, ISCR, Net present value, Public-private partnership, Reserve fund

Publication Details

Pages:

81
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/134
Stock No:

1RUSEA2014001
ISBN:

9781498348058
ISSN:

1934-7685

Notes

Also Available in Russian

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