Balance of the Federal Budget
https://doi.org/10.26794/2408-9303-2020-7-4-52-62
Abstract
The article is devoted to the problem of balancing the budget from the point of view of the form of implementation of the principle of building the budgetary system of the Russian Federation and the state of the federal budget, provided that all its expenses are covered by its revenues. If income is insufficient, a budget deficit occurs. The research methodology provides for a comparative analysis of the concepts and content of budget balance, tools for its provision, the main directions of budget policy and solutions to strategic problems. The result of the study is the proposals for assessing the balance of the budget to cover the deficit and the need for sources of financing the budget deficit. The formulated recommendations are focused on the optimisation of income, expenditures, the formation and use of budgetary reserves, public debt management, as well as effective regulation of intergovernmental fiscal relations. The federal budget deficit is subject to regulation in the direction of its reduction, for which the instruments for balancing it and priority directions for the activities of the financial bodies of the Government of the Russian Federation have been determined.
About the Authors
L. M. Kupriyanova
Finance University
Russian Federation
Lyudmila M. Kupriyanova — Cand. Sci. (Econ.), Associate Professor, Associate Professor at Department of Business Analysis and Auditing, Deputy Head of the Chair of “Economics of Intellectual Property”
Russian Federation
Lyudmila M. Kupriyanova — Cand. Sci. (Econ.), Associate Professor, Associate Professor at Department of Business Analysis and Auditing, Deputy Head of the Chair of “Economics of Intellectual Property”
I. D. Surkhaev
Research Financial Institute of the Ministry of Finance of the Russian Federation
Russian Federation
Islam D. Surkhaev — employee of the Center for Budget Policy
Russian Federation
Islam D. Surkhaev — employee of the Center for Budget Policy
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Review
For citations:
Kupriyanova L.M., Surkhaev I.D. Balance of the Federal Budget. Accounting. Analysis. Auditing. 2020;7(4):52-62. (In Russ.) https://doi.org/10.26794/2408-9303-2020-7-4-52-62
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