Abstract

The principle of transparency of the budgetary system is the openness of public finances to public control. The beginning of reforms in the public finance sector had allowed the Russian Federation to improve the position in the international ranking of the budget system transparency. А modern way of ensuring transparency in public finance operations is formation of a unified information space for all public-law entities by operation of integrated information systems «Electronic budget» and the State information system on the state and municipal payments. The author of the article classifies the integrated information system as a mechanism for disclosure of performance information for public oversight with modern technical features. The article also talked about the effective management of the money supply in the form of non-cash accounts on common problems of the Federal Treasury and provide feedback between state region, providing execution of the budget and the members of society.

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