Topical Aspects of the Organization of Inter-budgetary Relations in Russia

The purpose of the study. The article examines the problems of relations between public legal entities of the Russian Federation. The current aspects of the organization of inter-budgetary relations and the changes that have occurred over the past almost twenty years are analyzed. The purpose of the study is to identify the features of inter-budgetary relations at the present stage. This is necessary to determine the further development of inter-budgetary relations and their reorientation to new instruments. Conclusions. Because of the conducted research, the author concludes that inter-budgetary relations in the modern budgetary system of the country are undergoing significant changes. Some of these changes are positive and should be continued. Some of the changes raise doubts about their necessity. The budget system of the Russian Federation has a complex structure from the point of view of management. The differentiation of revenue receipts and expenditure powers between public legal entities is the basis of inter-budgetary relations. The provision of subsidies over a long period (since 1994) does not have a significant positive effect on the subjects receiving them. Despite efforts to reduce the number of targeted transfers, their fragmentation remains at a high level. Budget loans have fully become an instrument of inter-budgetary relations. In conclusion, the author defines the directions for improving the organization of inter-budgetary relations in the Russian Federation.