Budgetary System and Economic Potential of The Country

V. Goreglyad.

Voprosy Ekonomiki, 2002, vol. 4

Abstract: The official strategy of Russian budgetary policy is based on the postulate of annual balance of the federal budget. Positive results of this process were produced in the main part by favourable conjuncture of the external raw materials markets; they couldn't be identified as consequences of the stabilisation of the budgetary system as a whole. The author supposes that the policy of budgetary transfers has to be complemented by a sort of policy of the federal powers, which must be directed at the realisation of the regional priorities of economic growth. The author formulates the aim of reaching complex balance of the whole expanded consolidated budget on all levels of the budgetary system.

Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:2002-4-4

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