OBJECTIVES OF FINANCIAL POLICY OF THE RUSSIAN FEDERATION IN THE MEDIUM TERM

The paper analyzes the mid-term goals of the Russian Finance Ministry. The implementation of the goals should ensure the transition of the economy to an equilibrium state with a stable and predictable macroeconomic environment. One of the tools to accomplish the goals is budgetary rules; therefore,...

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Main Author: A. G. Siluanov
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2017-10-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/360
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author A. G. Siluanov
author_facet A. G. Siluanov
author_sort A. G. Siluanov
collection DOAJ
description The paper analyzes the mid-term goals of the Russian Finance Ministry. The implementation of the goals should ensure the transition of the economy to an equilibrium state with a stable and predictable macroeconomic environment. One of the tools to accomplish the goals is budgetary rules; therefore, the paper sets forth the requirements and describes modern approaches to their transformation. The role of information technologies in improvement of the tax collection and other payments to the budgetary system is considered in the context of key task characteristics in the field of budget revenues administration. To enhance the budget performance, it is necessary to integrate the budgeting and the procurement processes, expand the scope of the treasury support of government contracts and develop the state financial control system. The paper defines the functioning conditions of the financial system as a mechanism for transformation of savings into investments
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publisher Government of the Russian Federation, Financial University
record_format Article
series Финансы: теория и практика
spelling doaj-art-d0c4c20c73644d3b96635d6effbda6a42025-08-04T13:11:03ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892017-10-01213505610.26794/2587-5671-2017-21-3-50-56397OBJECTIVES OF FINANCIAL POLICY OF THE RUSSIAN FEDERATION IN THE MEDIUM TERMA. G. Siluanov0Financial UniversityThe paper analyzes the mid-term goals of the Russian Finance Ministry. The implementation of the goals should ensure the transition of the economy to an equilibrium state with a stable and predictable macroeconomic environment. One of the tools to accomplish the goals is budgetary rules; therefore, the paper sets forth the requirements and describes modern approaches to their transformation. The role of information technologies in improvement of the tax collection and other payments to the budgetary system is considered in the context of key task characteristics in the field of budget revenues administration. To enhance the budget performance, it is necessary to integrate the budgeting and the procurement processes, expand the scope of the treasury support of government contracts and develop the state financial control system. The paper defines the functioning conditions of the financial system as a mechanism for transformation of savings into investmentshttps://financetp.fa.ru/jour/article/view/360macroeconomic stabilitygoals of the russian finance ministrybudget policybudgetary rulestaxesbudget revenues administrationperformanceinvestmentsregional finance
spellingShingle A. G. Siluanov
OBJECTIVES OF FINANCIAL POLICY OF THE RUSSIAN FEDERATION IN THE MEDIUM TERM
Финансы: теория и практика
macroeconomic stability
goals of the russian finance ministry
budget policy
budgetary rules
taxes
budget revenues administration
performance
investments
regional finance
title OBJECTIVES OF FINANCIAL POLICY OF THE RUSSIAN FEDERATION IN THE MEDIUM TERM
title_full OBJECTIVES OF FINANCIAL POLICY OF THE RUSSIAN FEDERATION IN THE MEDIUM TERM
title_fullStr OBJECTIVES OF FINANCIAL POLICY OF THE RUSSIAN FEDERATION IN THE MEDIUM TERM
title_full_unstemmed OBJECTIVES OF FINANCIAL POLICY OF THE RUSSIAN FEDERATION IN THE MEDIUM TERM
title_short OBJECTIVES OF FINANCIAL POLICY OF THE RUSSIAN FEDERATION IN THE MEDIUM TERM
title_sort objectives of financial policy of the russian federation in the medium term
topic macroeconomic stability
goals of the russian finance ministry
budget policy
budgetary rules
taxes
budget revenues administration
performance
investments
regional finance
url https://financetp.fa.ru/jour/article/view/360
work_keys_str_mv AT agsiluanov objectivesoffinancialpolicyoftherussianfederationinthemediumterm