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Improvement of regional socio-economic policy is one of the tasks of state policy in the RF. Increasing the independence of problem regions is a critical component in developing a set of measures to overcome the backlog in multidirectional world trends (financial instability, digitalization, epidemiological situation, etc.). In this connection, increasing regional budgets' efficiency is an integral part of improving the financial system’s existing model. The study aims to find ways out of this situation for the country’s problem regions' budgets. The object of the research protrudes the methodology for calculating the effectiveness of the regional budgetary policy. The research subject is reduced to the relations of arising apropos distribution of the fund of monetary funds. The article deals with the income and expenditure parts of the regional budgets of the NCFD. The efficiency indicators of the region's budget are calculated; also, the optimal level of own income for the constituent entity of the RF is revealed. The results obtained can be used to develop programs and concepts for the socio-economic development of regions.

The Independency of Regional Budgets as a Condition for the Financial Stability of the Constituent Entities of the RF