Abstract
The article analyzes the provision of transfers (grants, subsidies, subventions and other types of financial assistance) from the federal budget to the subjects of the Russian Federation. On the basis of the analysis carried out, conclusions were drawn confirming the vector of centralization of financial resources at the level of the federal center, with the aim of their subsequent direction to equalize the budgetary provision of the regions of Russia. The authors made a generalization about the inefficiency of the existing model of interbudgetary regulation, built on a rigid management hierarchy, which hinders the growth of incentives for the regions’ interest in building their own economic potential.
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