Open AccessBalance of the Federal Budget
Author(s) -
Л. М. Куприянова,
Islam Surkhaev
Publication year - 2020
Publication title -
učët. analiz. audit/učët, analiz, audit
Language(s) - English
Resource type - Journals
eISSN - 2619-130X
pISSN - 2408-9303
DOI - 10.26794/2408-9303-2020-7-4-52-62
Subject(s) - deficit spending , federal budget , revenue , balance (ability) , government budget , debt , russian federation , operating budget , government (linguistics) , economics , point (geometry) , state (computer science) , budgetary policy , balanced budget , business , economic policy , public economics , finance , fiscal policy , public finance , macroeconomics , fiscal year , political science , politics , philosophy , mathematics , algorithm , physical medicine and rehabilitation , law , linguistics , computer science , geometry , medicine
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.