Abstract

The development of physical culture and sports in the Russian Federation is an important area of social policy, which has a close relationship with the economic component of the country. The higher the interest of the population in a healthy lifestyle, maintaining motor and social activity, the better for the country's economy, since healthy and active people are less ill, therefore, less need to spend on medical care, and work longer, which is important in the context of an aging population. Unfortunately, in the Russian Federation, due to the instability of the investment climate, which is characterized as unfavorable, as well as the lack of effective mechanisms in terms of tax relief for sports sponsors, similar to the experience of the United States and Brazil. As part of the implementation of the Strategy for the Development of Physical Culture and Sports in the Russian Federation for the period up to 2020, many of the targets identified at the time of its implementation were achieved, which allow us to assess the work in this direction as quite effective. Of particular interest in this case is the change in the volume of financing of the industry, both in absolute and relative terms, since the high dependence of this sector on budget financing in a crisis could jeopardize the fulfillment of key goals and tasks for the development of the direction. In the course of the study, it was found that in most regions of the Central Federal District, the change in funding is positive, in some even abnormal, but still in the vast majority of regions it remains at a low level relative to the leading regions.

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