Periodic issues
Issue 63: State Budget Compliance - 2015
Issue 63: State Budget Compliance - 2015

According to the preliminary data of 2015, state budget revenues as well as state budget expenditures will be complied. Specifically, state budget revenues are expected to be executed by 101.4%, while budget expenditures will reach 99.5% of the planned level.

In 2015, compared to the previous year, spending from the state budget was more balanced which reduced the negative effect of the fiscal policy on exchange rate and inflation in the fourth quarter.