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Classification of Sources of External Financing of the Deficit of the Federal Budget and Budgets of Subjects of the Russian Federation


The classification of external financing sources for the deficit of the federal budget and budgets of the subjects of the Russian Federation is a grouping of borrowed funds attracted by the Government of the Russian Federation and executive authorities of the subjects of the Russian Federation to finance the deficits of the corresponding budgets1.

  1. Federal Law No. 115-FZ dated August 15, 1996 "On the Budget Classification of the Russian Federation", as amended on December 22, 2005, Article 7 // Official Gazette of the Russian Federation. 1996. No. 34. Art. 4030. ↩

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