Sustainable Development of Russian Budget System Under the Influence of Covid-19 Pandemic

Abstract

AbstractThis article analyzes the economic consequences of the spread of coronavirus infection in Russia. In order to eliminate the negative consequences of the pandemic and social support of the population, some changes were made to the country's budget legislation. This has led to various changes and uncertainties in the budget sphere. The article suggests measures to further stabilize the economic situation in the country and improve budget relations in the Russian Federation. The purpose of this study is to suggest new measures for the sustainable development of the country's budget system, to eliminate the negative consequences of the pandemic and to provide social support to the population. To achieve this goal, the article analyzes the changes that occurred in the Russian economy and budget system in 2020, determines the impact of the measures taken on the current situation, and suggests new options for improving budget relations in the country. Despite a significant number of studies in this area, the topic is relevant due to the large number of changes that occurred in 2020. As a result of the COVID-19 pandemic, many problems emerged in the economy (in particular in the public sector) and in the social sphere, which will have to be solved in the coming years.KeywordsBudgetBudget legislationBudget systemInter-budget relations