State and municipal finances. Strategic areas of responsibility assigned to the Government of the Russian Federation (the most important)

Lecture notes, cheat sheets
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State and municipal finances. Strategic areas of responsibility assigned to the Government of the Russian Federation (the most important)

Lecture notes, cheat sheets

Directory / Lecture notes, cheat sheets

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7. Strategic areas of responsibility assigned to the Government of the Russian Federation

To implement the tasks set, the Government of the Russian Federation is responsible for the following strategic areas:

1) an important point is to ensure the balance of the budget system of the Russian Federation in the long run. This is especially true of obligations in the field of pension and state social insurance. With the entry into force of the new mixed pension accumulation system, it became necessary to draw up new rules for deductions from the federal budget to the Pension Fund;

2) the main direction in the field of budgetary policy should be the continued accumulation of budget revenues in the Stabilization Fund. The funds of the Stabilization Fund in excess of the base amount should be used to replace sources of external financing of the budget deficit, as well as to early repay the state external debt;

3) a more efficient return of budget expenditures is needed. Expenses of budgets of all levels should be focused on the end result. At the same time, the obligations imposed on the authorities should be comparable with the financial resources allocated for this;

4) increasing the role of medium-term financial planning.

Already in 2007, the federal budget for the medium term (2008-2010) was approved. Reports on the results of the use of budgetary appropriations should be taken into account when drawing up and reviewing draft budgets;

5) further expansion of the independence and responsibility of the main managers of budgetary funds by developing and implementing methods and procedures for assessing the quality of financial management at the departmental level, developing internal audit, strengthening financial discipline;

6) ensuring transparency and efficiency of procurement for state and municipal needs;

7) improvement of state property management;

8) effective participation of Russia in the initiatives of the world community to alleviate the debt burden of the poorest countries. At the GXNUMX summit, it was decided to write off the debt of African countries;

9) reorganization and increase in the capitalization of specialized state investment institutions in order to support the export of goods and import of technology, long-term financing of large investment projects.

Author: Novikova M.V.

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