УПРАВЛЕНИЕ УСТОЙЧИВОСТЬЮ БЮДЖЕТОВ СУБЪЕКТОВ РОССИЙСКОЙ ФЕДЕРАЦИИ: ИНСТРУМЕНТЫ РЕАЛИЗАЦИИ

Abstract

The article examines the problems of the existing mechanism for managing the budgets of the constituent entities of the Russian Federation in the context of macroeconomic instability and new challenges, in particular, the coronavirus pandemic. The methodological basis of the article is the methods of analysis and synthesis, comparison and analogies, systemic and institutional approaches. The foreign approaches and experience of managing budgetary sustainability and quality of management in the long term are considered. Highlighted the best practices for ensuring the sustainability of the budgets of the subjects, taking into account the medium and long term. An algorithm for managing the stability of the budgets of the constituent entities of the Federation in modern conditions is proposed. The need for advanced improvement of modern tools to ensure the sustainability of budgets of the constituent entities of the Russian Federation in the medium and long term through a responsible regional budget policy, taking into account global trends and global threats, as well as in the context of geopolitical and geo-economic challenges, able to take into account modern demands and requirements of the current legislation stimulating responsibility and performance of government authorities, as well as the development of independent initiatives in the aspect of increasing their own potential to ensure the sustainability of the budgets of the subjects, as well as optimizing inter-budgetary regulation, taking into account regional characteristics in the long term. A set of recommendations and tools for ensuring the sustainability of the budgets of the constituent entities of the Russian Federation, taking into account the future, is proposed. Conclusions and suggestions can be used in the activities of federal legislative and executive authorities: when improving strategic and program documents in the field of assessing the sustainability of budgets, increasing the sustainability of budgets of the constituent entities of the Russian Federation.