Preview

Vestnik of Samara State University of Economics

Advanced search

Market instruments and sources of financing the deficit of the federal budget of the Russian Federation in the context of digitalization

https://doi.org/10.46554/1993-0453-2023-1-219-78-86

Abstract

In the conditions of the economic instability and the introduction of external sanctions, the issues of balancing the federal budget are becoming particularly relevant. The purpose of the study is to find possible ways to use market instruments that can be implemented mainly in the domestic market to attract financial and credit resources and cover the budget deficit, this will minimize the expenditure of the National Welfare Fund and at the same time use resources of the business sector. It is proposed to issue long-term federal loan obligations that are accepted, as the maturity dates come, offsetting tax and other mandatory payments. The advantages of this market instrument in comparison with the monetary issue are substantiated.

About the Author

A. K. Zubkov
Samara State University of Economics
Russian Federation

Artem K. Zubkov – postgraduate student

Samara



References

1. Preliminary assessment of the federal budget execution for January 2023. URL: minfin.gov.ru/ru/press-center/?id_4=38368-predvaritelnaya_otsenka_ispolneniya_federalnogo_byudzheta_za_yanvar_2023_goda#:~:text=%20 (date of access: 03.05.2023).

2. On the contract system in the field of procurement of goods, works, services for state and municipal needs : Federal Law No. 44-FZ of 05.04.2013. URL: https://www.consultant.ru/document/cons_doc_LAW_144624/ (date of access: 03.05.2023).

3. The current state of state and municipal finance in the Russian Federation / ed. by T.M. Kovaleva. St. Petersburg : Polytechnic University Publishing House, 2018. 245 p.

4. Levina V.V. Budget system of the Russian Federation : textbook. Rostov-on-Don : Fenix, 2017. 348 p.

5. Panskov V.G. Taxes and taxation : textbook for universities. Moscow : Yurayt, 2020. 472 p.

6. Dadashev A.Z. On taxation, tax administration and tax system // Finance. 2022. No. 8. Pp. 32–40.

7. Endovitsky D.A., Golovin S.V. Development of the information base of departmental control of financial and economic activity in the conditions of digitalization // Finance. 2023. No. 1. Pp. 48–53.

8. Isaev E.A. Treasury of Russia as a body of internal state financial control // Finance. 2022. No. 12. Pp. 3–10.


Review

For citations:


Zubkov A.K. Market instruments and sources of financing the deficit of the federal budget of the Russian Federation in the context of digitalization. Vestnik of Samara State University of Economics. 2023;(1):78-86. (In Russ.) https://doi.org/10.46554/1993-0453-2023-1-219-78-86

Views: 5


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 1993-0453 (Print)