One of the key indicators that can credibly indicate the current state of the country’s development and its potentialities is the federal budget.
In order to simplify this economic indicator, it is necessary to note that it describes the correlation between the revenue’s and the expense’s sides of the national budget. The data under consideration allows assessing current and potential financial state of a country unambiguously. If the revenue side grows and the expense side decreases or stays the same, we can conclude that the strengthening of the positive dynamics is occurring, and it aids to the strengthening of the national currency. Growth of the expense’s side shows that there is a deficit and stagnation in the national economy.
Federal budget indicators are published at the end of each month. This news has a slight instantaneous influence on the market because its nature is rather long-term.