Features of the Komi Republic budget
DOI:
https://doi.org/10.47451/tss2022-02-04Keywords:
budget code, Komi Republic budget, revenues, expenses, republican budget deficit, covid-19Abstract
This article presents an analysis of the budget of the Komi Republic, a constituent entity of the Russian Federation, which is part of the Northwestern Federal District and the Northern Economic Region. The study purpose is to determine the accentuated directions of the budget policy of the Komi Republic. Historical, comparative, statistical and logical methods of material analysis were used to achieve the tasks. In the course of the study, legislative and regulatory documents of the Russian Federation and the Komi Republic were used. The author concludes that the budget policy of the Komi Republic is aimed at five main goals: achieving budget balance in conditions of its scarcity and falling revenues, unconditional fulfillment of expenditure obligations, primarily socially significant, implementing agreements with the Ministry of Finance of the Russian Federation, financial support for municipalities and the concept of improving the efficiency of budget expenditures through the Program of Improvement of Public Finance of the Komi Republic for 2017-2024.
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References
Budget Code of the Russian Federation No. 145-FZ dated July 31, 1998. (In Russ.)
Law of the Republic of Komi No. 24-RZ of May 8, 2020 On Amendments to Article 2 of the Law of the Republic of Komi “On Property Tax of Organizations in the Territory of the Komi Republic” (In Russ.)
Law of the Komi Republic No. 88-RZ dated October 1, 2007 On the Budget System and Budget Process in the Komi Republic. (In Russ.)
Law of the Komi Republic dated November 28, 2019 On the Republican budget of the Komi Republic for 2020 and the Planning Period of 2021 and 2022. (In Russ.)
Order of the Ministry of Finance of the Komi Republic No. 247 dated September 30, 2020 On Approval of the Methodology for Planning Budget Allocations of the Republican Budget of the Komi Republic for the Next Financial Year and planning period». (In Russ.)
Order of the Government of the Republic of Komi No. 285-r dated September 7, 2020 On Approval of the Forecast of Social and Economic Development of the Komi Republic for 2021 and for the Period up to 2023. (In Russ.)
Order of the Government of the Republic of Komi No. 382-r dated December 9, 2020 On Approval of the Main Directions of the State Debt Policy of the Komi Republic for 2021 and the Planning Period of 2022 and 2023. (In Russ.)
Resolution of the Government of the Republic of Komi No. 185 dated April 11, 2019 On the Strategy of Social and Economic Development of the Komi Republic for the Period up to 2035. (In Russ.)
Resolution of the Government of the Republic of Komi No. 221 dated May 31, 2012 On the Procedure for Drafting the Republican Budget of the Komi Republic for the Next Financial Year and Planning Period. (In Russ.)
Resolution of the Government of the Republic of Komi No. 288 dated June 30, 2011 About the State Programs of the Komi Republic. (In Russ.)
Resolution of the Government of the Republic of Komi No. 548 dated November 13, 2020 About the Main Directions of the Budget and Tax Policy of the Komi Republic for 2021 and for the Planning Period of 2022 and 2023. (In Russ.)
Vladis, G. (2018, November 23). The Komi Budget: Cautious Optimism. Republic. Publication of the Government and the Republican Council of the Komi Republic. Retrieved January 10, 2022 from http://respublika11.ru/2018/11/23/byudzhet-komi-ostorozhnyiy-optimizm/ (In Russ.)
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