Peculiarities Of Inter-Budgetary Equalization In Russia

Abstract

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Territorial Subsidized Budgets Of Russia: Trends, Problems And Peculiarities

“…The reduction of the number of beneficiary region is one of the key tasks of the Russian government. The target indicators of the state program Development of federal relations and creation of conditions for effective and responsible management of regional and municipal finances include the reduction of the subjects of the Russian Federation by 2020 to 7 entities, in the budgets of which the share of grants from the federal budget (Golovanova, 2018) within two of the last three reporting financial years exceeded 40 % of the volume of own revenues of the consolidated budget (Tavbulatova et al, 2019).…”

The Processes Of Formation Of Territorial Budgets Of Russia: Dynamics, Structure, Problems

“…Timely identification of problematic aspects in the formation and expenditure of funds of territorial budgets allows you to flexibly prevent the possible negative consequences of unbalanced, subsidized, deficit regional budgets (Shah, 2004). Available scientific publications on this issue discuss various aspects of the financial situation of regions related to the formation of income and expenses of their budgets (Akindinova et al, 2016), budget balance (Tavbulatova et al, 2019) and debt regions (Tabakh & Andreeva, 2015), features of functioning in crisis conditions (Chernyavsky, 2014). At the same time, taking into account the tasks and features of the current stage of socio-economic development, it becomes necessary to identify new, recently formed trends in the field of regional finance.…”

Budget Resources In The Context Of Efficiency Of Budget Expenditures

“…State budget expenditures are the costs incurred by the society as a result of production and distribution of all public goods and services, the list of which is determined by the priorities of state policy. The amount of budget expenditures for the purchase of public goods and services, as a result of budgetary and political processes, depends on the amount of resources available to society, and the ability of society to transform these resources into public goods (Tavbulatova, Tashtamirov, Kulakova, & Nazaeva, 2019).…”