Analysis of Revenues and Expenditures of the Budget of a Constituent Entity of the Russian Federation Using the Example of St. Petersburg in 2023
DOI:
https://doi.org/10.61726/3883.2025.77.51.001Keywords:
budget of St. Petersburg, budget revenues and expenditures, budget powers, fundsAbstract
The relevance of this study’s topic is essential since all countries rely on income and expenses. Income refers to funds or tangible assets that the state receives from any activity over time. The study object is the financial system of the Russian Federation. The study subject is the analysis of income and expenses of the Russian Federation and the St. Petersburg budget. The study aims to analyse the financial revenues and expenditures of the Russian Federation’s budget. Statistical, logical, comparative and deductive methods were used to achieve the research goal. The study used regulatory legal acts of the Russian Federation, methodological materials and verified Internet sources. The author concludes that the implementation of the budget of St. Petersburg in 2023 is characterised by independence, sustainability and social orientation. The budget shows the size of the financial resources needed by the state and the actual reserves available. When fixing specific spending directions, the percentage of expenditures by industry and territory expresses the state’s economic policy.
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References
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