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Finance and Credit
 

Surplus fund – formation, use and management in the year 2008

Vol. 15, Iss. 14, APRIL 2009

Available online: 16 September 2009

Subject Heading: State finance

JEL Classification: 

Drozdov O.I. PhD, The Department of Financial Forecasting and Management of the Unified Treasury Account of the Federal Treasury ;

Creation of the surplus fund resulted from ensuring by the Russian Government of steady budget expenses independent of the conjuncture of raw material prices. The surplus fund is aimed to ensure budged expenses in the event of considerable decrease of oil prices in the medium-term outlook.

Keywords: surplus, fund, budget, expenses, conjuncture, raw material, price, oil

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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